Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Pat Farrell:

Not that I can recall. And I have looked at the evidence that has been submitted so far and I think it calls out different individuals, different interactions, talks about banks being ... interactions, or whatever. But, you know, again, these kind of matters - and I did refer to it in my statement - would be highly sensitive, market sensitive issues, and, you know, banks, as I said before, were extremely coy, and understandably so, in the realm of the banking federation, about discussing issues that were relevant to their own specific businesses, or that might give any, kind of, insight into their specific businesses or business models. So, it's not unusual that we wouldn't have been involved in any of this discussion. Like, I would have woken up to the newspaper announcement of the guarantee the same way as everybody else in this ... the vast majority of people in this country.

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