Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
There is a lot of figures and details there but I just want ... in terms of what were the top-line events that were actually happening around that time, Mr. Moran, is ... we have testimony here that there was discussions about the requirement to ... or the potential or the possibility of guaranteeing financial institutions in the State. There was preparations, at some stage or other of 2008, with regard to nationalisation legislation for financial institutions. And there's more than what might be considered a degree of flux actually in the market. So, in that regard, did management consider a doomsday scenario as part of this stress test exercise?
No comments