Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Corrigan:

Well, I don't think you could have just - again, my view - just excluded it, but you would have had to take alternative measures, and the alternative measure, as suggested by Merrill Lynch, I believe, at the time, was to take it into State control. That ... that probably was the only realistic alternative.

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