Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Thank you, Chairman. Thank you, Mr. McDonagh, you're very welcome. I just wanted to clarify something initially in relation to a hypothetical that Deputy Doherty took you through, just to be certain of your views on the night of the guarantee, even though they weren't requested. If you had been asked into the room, and you had been asked by the Taoiseach, "We're thinking of guaranteeing all the banks," you would have said, "Don't guarantee Anglo and INBS, because they're insolvent." Was that your view?

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