Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Dr. Michael Somers:
Well, it was a possibility. I just did not feel comfortable with this thing. I didn't know what was going to happen. I mean, I'd no particular insights. People think I knew something. I actually didn't know anything. But I was always jumpy about ... as Brendan McDonagh said, we were a very conservative bunch of people. And if we lost State funds, our necks would have been on the chopping block and we were not prepared to take any risks.
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