Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brendan McDonagh:
No. I mean, Deputy, it's on the record. The NTMA were instructed to engage an adviser, which was Merrill Lynch, I think around 22 September 2008 or 23 September 2008. Merrill Lynch were on the scene for about a week before the bank guarantee and that's ... and there was sort of work going in, in terms of looking at options. But most of the discussion that I was aware of, and I'm not saying other people weren't aware of other things, or my colleagues, because that's for them to answer, was around would NTMA provide additional liquidity to the Irish banking system.