Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Aidan Walsh:

I don't think we had any defined expectations? We went back to trying to collect information in the three banks that we were working on. I ... I have to say we weren't aware of the pace at which the discussions in relation to how to implement the contingent plans were developing. I think we were both surprised when we heard news on the morning of Tuesday the 30th in relation to the ... the guarantee being announced.

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