Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran 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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