Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
Finally, I have one last question on No. 88 in your own statement, Mr. Cowen. When you were talking to Mr. Lenihan, you say: "I explained my reservations about it [meaning nationalisation] explained my reservations about it and reassured him that nationalisation was something that we could not rule out in the future and would remain an option available to us." So if it was to remain an option available to you, why not exercise the option then? Why go for a guarantee with the nationalisation opportunity still there?
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