Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

In the circumstances of where all of the banks had gone broke, and the country was in a rescue from the IMF, was it impossible for somebody to, you know, just putting the devil's advocate ... surely it was impossible for people to come to you and say, "Listen, we'll try and separate the amateur developers but we'll try and keep you in business". I mean it just wasn't an option for Mr. Lenihan at the time, was it? You know, given that all that banks were gone, and the country was at the behest of Mr. Trichet.

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