Oireachtas Joint and Select Committees

Thursday, 23 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

Well, obviously, the Labour Party were perfectly entitled to ... to their view, as a political party, on where they stood on it. I think ... I think Labour wanted to see, I think, all of the details before they would make a decision on the guarantee and obviously Fine Gael took a view that this was a real emergency here, that you were in a really difficult position, that you needed a functioning banking guarantee system and banks to be open the following morning. I mean, I've said this publicly before, very shortly after the election, of which my own Government was elected, we were told that you were very close to the edge of that precipice; that it might be ... it might be akin to what you've seen in-----

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