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

Can I just go on to an area. When Minister Lenihan ... you had been with Minister Lenihan through all his Ministries and you provide a unique insight. He came in as Minister for Finance on 7 May 2008. He brought in a mini-budget of reform just over two months later on 8 July for €440 million of cuts. Was he surprised with the state of the public finances when he became Minister for Finance and ye entered the steps on Merrion Street?

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