Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay, so we'll move onto this afternoon. So maybe as we move towards the ... from the banking guarantee to the bailout, Mr. Cowen, could I put the question to you, did the structure or design of the banking guarantee, along with its period of duration, which we discussed this morning of two years, have any baring on the Irish State entering a bailout programme two years and two months after the guarantee was put in place?

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