Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail)
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Just, very finally - and we did deal with some of this but just conscious that people are watching at home - could you very briefly outline the chronological events that led from, say, the night of the guarantee, not nationalising, to then 15 January 2009 in terms of the decision to nationalise? So what changed that decision? What brought that on? Or were we, in fact, with the benefit of hindsight, destined to nationalisation from the night of the guarantee?