Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Cathy Herbert:

-----be clear. In a way, it was like as if ... Europe, generally, the institutions, you know, that they didn't ... they only fitfully took an interest. And the ECB didn't seem to take an interest. They weren't particularly interested in our banks and our problems and, obviously, the fact that the ELA had to be approved on a fortnightly basis, I think that inevitably meant that, you know, that they were very conscious of it. But they weren't looking at our entire banking problem and taking an interest and helping us how to solve it.

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