Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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Okay. So, just coming back then finally to Mr. Trichet's engagement with the inquiry where he talks about this period, and Mr. Cardiff in his witness statement referring to the Jean-Claude Trichet letter, says in many ways the letter the entirely superfluous since it was already clear by the time of the letter that the Government was going to opt into a bailout programme. Would you be of the same view that the Government was preparing to opt into a bailout programme at that time?