Oireachtas Joint and Select Committees
Wednesday, 9 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
-----and a note you provided in to Kevin Cardiff. It’s page 34, Vol. 1. One of the initial points you put down is the danger of a system-wide response being seen to be too weak, “Any system wide initiative ... must be seen as sufficient so ... there is not ongoing initiatives launched.” Is that in effect you saying that anything that is done needs to do the job and do it in one go, if you like, because we heard something similar from Mr. Hurley when he was before the committee? So I’m wondering if when he put that view into the room on the night of the guarantee it was because of the conversation that the Central Bank would have had, but because of that view that you held in particular.
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