Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

Okay, well right, but it comes back to the point then, now first of all I'm making it clear we made the decision on the basis of the solvency of the system. We made that decision, that was certified to us by the regulator who is the statutory people who'd have that responsibility. Now that's the first point.