Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. Can I ask you just to refer to Vol. 2 of the core booklets on page 18 actually, if we go to that one first. Page 17 and 18 have minutes of the meeting on 30 September 2008 which you were present at, and it talks about different options - nationalisation, guarantee - the minutes are vague, they are Kevin Cardiff's notes. At the end of it on page 18 it says "DMcC [which is yourself I presume] want [very] clear statement of pros and cons of each." Which I presume is the two options that were on the table - nationalisation of Anglo and maybe Nationwide or a system-wide guarantee. Did you ever receive the pros and cons of each?

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