Oireachtas Joint and Select Committees
Wednesday, 29 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Alan Merriman:
It did and well, sorry, no it didn't to be more accurate. Clearly, and I think ...look, you draw out an important point that even then there was a recognition of let's see how this progresses. Let's see what is the obvious ... this was a interim step, let's put it that way. The strategy did change but the strategy was the exit strategy rather than a protracting strategy or a further acceleration. It was an exit strategy in due course.
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