Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Cathy Herbert:

Generally, I'm open to correction here, but generally an incorporeal meeting takes place to ... when there has been some discussion beforehand, when people - you know, Ministers - may have some background, when there is an urgency about the decision. It's not ideal, obviously, but it sometimes, you know ... and that night, there ... you know, we had to have the message out before the markets opened the next morning. So, there were pressures and sometimes that happens but it's used, as far as I know, very sparingly.

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