Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
Thank you, Chairman. Welcome, Ms Herbert. Mr. Cardiff, who was before us recently, in his statement said, and this is core documents, Chairman, from page 50 to 51 of Kevin Cardiff's speech. And he said "At all costs, the terrible demonstration effect of allowing queues of depositors to develop outside branches - a very public 'run' on the banks - was to be avoided." Did the late Minister Brian Lenihan or any officials or political advisers ever discuss this prospect with you?
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