Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Dr. Peter Bacon:
I honestly think in the circumstances it would not have been done through tendering. How would it be advertised? A tender such as: "Help us with a crisis." When I was sitting there I think there was already in place an international investment bank which was opining and giving advice on the same subject. That was Merrill Lynch. I do not remember seeing the advertisement for that one either.