Oireachtas Joint and Select Committees
Thursday, 10 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Marco Buti:
We have to make, clearly, a judgment. At the time, it was ... it was, as I said, on the bail-in issue as well as on other issues, but when we come to the ex post reconstruction, I think we should have a degree of modesty and a sufficiently long memory to understand that ... At the time, you may recall that we had the Financial Timeswebsite counting the minutes till the euro would collapse. This was the kind of unprecedented life-threatening situation in which we were.
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