Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tony Grimes:

Well, the action at the time was really, you know, to stand behind the banks in liquidity terms and to do whatever was necessary. I mean, I don't think that we saw ourselves as having any other direct role, you know, in that period. I think that we regarded it mainly as a regulatory issue.