Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Paul Gallagher:
All interlinked but still importantly separate. Every resolution measure that was put forward was available and we were ready to go with it.
So I don't think people have clarified what resolution solution they are talking about that should have been available and wasn't. The resolution measures that were available were: a guarantee, which is a form of resolution; secured lending; nationalisation; ELA; transfer of assets. All of those were available.
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