Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Were you aware of any discussion or any communications taking place between the Minister and other members of Government or anybody else about concerns with regard how the banking guarantee was actually structured, how it was designed, how about its period of duration - it was set up for two years - and did that ... and it having any bearing on the Irish State entering a bailout programme two years two months later? Was there any discussions simply that the guarantee is probably, or maybe, or might not be bringing us towards a bailout programme?

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