Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

When Mr. McDonagh was here last week, and I'm moving forward a whole year, to the time of the guarantee, and he talked about the view that the NTMA had about nationalisation versus the guarantee, and he said there was a strong view on the part of the NTMA. So obviously, you're here with us today so perhaps if you could tell us what your view was about the approach of nationalisation and on what analysis did you base the view? If it is correct that your view was that the bank ... that those, that the two banks be nationalised. Or indeed maybe all of them, I don't know.

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