Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Alan Gray:

Okay, Deputy, if I can deal with the two questions. First of all, the option that the Taoiseach asked my view on was the very same option that was raised at the Central Bank board meeting the previous Thursday, which was an option to give a guarantee to the six financial institutions. And he asked me what did I think of it and what would be the market reaction. I don't see a difference in that-----

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