Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

And, finally, in evidence ... in written evidence, Kevin Cardiff talked about the additional €24 billion State injection into the banks in March 2011 - this would have been just after you came into office - and he talked about the horse-trading that went on in order to achieve that figure and he says, really, it was an increase on what the Central Bank would have been comfortable with at the time. And I'm just wondering, finally, Minister, what was your ... what figure did you hope for at that time and were you disappointed or were you satisfied with that figure?

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