Oireachtas Joint and Select Committees
Thursday, 20 December 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Role and Contribution of Public Interest Directors in Financial Institutions: Discussion
2:05 pm
Mr. Dick Spring:
I do not think it is a viable solution. I do not think it is possible. If it were possible, I assume the Government of the day, or the Oireachtas would decide to do it. If we attempted to do something like that it would lead to further recapitalisation of the banks and we would be coming back to Government to look for more money.