Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brian Cowen:
-----I'm sure it was put to the Central Bank Governor, if he knew anything about it, but his position at that stage late that evening was, coming into the meeting, was for a guarantee. The Governor of the Central Bank was of that ... had come to that view, and made a contribution on that basis. And that may ... it may explain why people in the Central Bank were preparing a draft on that because that was their view. The Department of Finance would have had briefing as well, ready for what they were doing and they might have had one saying about nationalisation. I don't know, you know what I mean; this is what they do-----