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.