Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Alan Gray:

Chairman, that was not one of the options. I mean the options that were presented at the Central Bank board meeting ... there was only two options given. One was to provide a full guarantee on all the banks and, secondly, to give a bond to all the banks which would have effectively the same thing.

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