Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Dermot McCarthy:

Yes, well it wasn't that the original two-year period was inappropriate but that there would be steps taken to ensure that the exit process would be well planned. But that wasn't, obviously, the sole motivation because the ongoing liquidity challenges and, indeed, the recapitalisation programme-----

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