Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. David Gantly:
I suppose the ... my immediate reaction to it was ... the question that was put me, "Well what's this going to mean?" So, I mean ... and essentially what it meant was that, you know, we had gone from being a weak single A creditor you know to having triple A status, that funds were going flow in and ... which is exactly what happened. So that was my immediate reaction.
In terms of ... you know, I'm aware that there was a lot of discussion, there was a lot of advisers around before it. I was always a little bit surprised after the event that it seemed to ... that decisions appeared to have had to be made in a rush, but, frankly, I don't ... I hadn't access to it. I don't know enough about it. That's more of an opinion, I guess.
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