Oireachtas Joint and Select Committees
Wednesday, 9 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Alan Gray:
I suppose that depends on the amount of planning that was done in advance and there would be some evidence ... I am not sure whether Northern Rock, when the UK Government initially gave a guarantee and then subsequently nationalised it...whether they did it at a weekend or not, I wouldn't have thought it's impossible not to...but I defer to Governor Honohan's views.
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