Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brendan McDonagh:
I think it was, you know, it was not a formal communication, Deputy, if you would appreciate it. It was just saying the Government have decided to guarantee the banks and there is a lot of work to be done now to prepare and, like they discussed, this was going to be announced at ... when the markets open in the morning at 7 o'clock.