Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Just to move on, Mr. Gallagher, because of time. You state in your opening statement that President Trichet of the European Central Bank "had evidently made it clear that the Government should stand behind its banks, and that the banks were the State's responsibility". Do you remember being advised of the rationale given to you to accept the position of Mr. Trichet?

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