Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail)
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Just finally, Mr. Hurley, last week, there was much talk and it was touched on earlier on by some others here, about the issue of no bank should fail ... that we should not have another Lehmans, I think, was the wording that certain witnesses have used. When questioning last week Mr. Hurley, it was somewhat frustrating in the sense that it was difficult to ascertain who said this, at what point did somebody make the determination, and in what office of authority they may have been. Mr. Hurley wasn't in a position to provide that clarity and I wonder are you in a position to say who first mentioned it to you, or like so many others, was it something that just happened?