Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

Well, as I've said, I mean, if Professor Honohan says Brian said that to him, I don't question that. But what I also say is that Brian also said to Kevin Cardiff ... he put it that we were coming to a common position and that's ... because he thought it was important that we ... and it was important that we do that, so I think that's ... that's sort of the demeanour of ... that he was adopting. We were all trying to do the best we could, come up with a conclusion, come up with a decision. And I'm sure he respected my position as well as I respected his, but, you know, at the end of the day, I had to chair the meeting, I had to pull it together based on all of these views that were ... that were being held. So, in that sense, you know, it wasn't an atmosphere where I was overruling people. I don't want to get into pedantics here and get into, you know, word games. I've explained in my statement, conscientiously, what I believe happened. We had a long discussion about it. It wasn't in any way an acrimonious ... why would it be? We were both on the same side trying to do the best we could in a difficult situation.