Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Dr. Michael Somers:
I don't recall giving them any particular advice. I mean, our concern was to safeguard the money that we had. As I say, we had the pension fund money and we had the cash that we'd raised to fund the Exchequer and, you know, what ... I'm not sure what else we could have said. You know, it's up to the Central Bank, as the lender of last resort, to go and solve this problem.
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