Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Were you aware, then, that the Governor of the Central Bank and the Financial Regulator went to each of the banks in March-April 2008, in what was called "the green jersey" agenda - because one Irish bank couldn't borrow from anyone and another Irish bank couldn't get any money from the other Irish banks - to ask the banks to lend to each other? Were you aware of that initiative?

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