Oireachtas Joint and Select Committees
Wednesday, 29 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Okay, we might come back. Just, finally, I want to deal with two other matters. And if the whole story was a movie, the two big scenes in it would be the night of the guarantee and the entry into the bailout programme, but life isn't like that. It doesn't have big moments, it's a series of events that maybe have significant events actually through it. So can I maybe ... this is a question I put to other Government Ministers as well and ... I'd appreciate it if you could maybe just deal with the question rather than a more, longer, response. But, in general terms, did the structure or design of the banking guarantee, of the bank guarantee, along with its period of duration, have any bearing on the Irish State entering a bailout two years and two months after the bank guarantee?
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