Oireachtas Joint and Select Committees
Wednesday, 29 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Go raibh maith agat, a Cathaoirleach, agus fáilte roimh an beirt seo chuig an coiste. Ms. Harney, can I start with yourself? In your witness statement, you state that there was a short discussion on the liquidity issues in the banks at the Cabinet meeting on Sunday, 28 September 2008 but the main focus of the meeting was to deal with the decisions required for the imminent budget. I know you've mentioned this, but can you just discuss the liquidity issues conveyed to you at that time? And did you think these discussions would lead to the Government announcement of a Government guarantee for the banks within 48 hours?
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