Oireachtas Joint and Select Committees
Wednesday, 2 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Michael Walsh:
I was aware, Chairman. When I actually talked to the, you know, regulator, on the Friday night after that story, you know, had broken, I would say that from that point on, I would have been in touch with the regulator probably every single day, potentially multiple times during the day, for the month of September. You know, that story ... you know, the potential damage it could have done to the society was just absolutely enormous and, consequently, it was very much, you know, "We have to make sure that we explore every opportunity and all such back-up opportunities that are there."
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