Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tony Grimes:

Yes, I think the issue of solvency was raised in the course of the meeting. I don't think it was at the core of the meeting; I think the real purpose of the meeting was contingency planning for what we felt might be coming down the road in the following few days. So, it wasn't a meeting called to discuss solvency of particular institutions, but, as you see from the minutes, there is a reference there to a possible solvency situation-----