Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

And, Mr. Cowen, in 2008, around the time of the guarantee and after, when, you know, big depositors and bondholders can essentially threaten banks by shifting large amounts of money ... two weeks ago the Financial Timesreported that the current Minister for Finance, Mr. Noonan, and German Finance Minister Schäuble argued for capital controls in Greece to stop major funds leaving Greek banks. Did you ever consider that here?

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