Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

No obviously if it was in that paper at that time it was being thought of at that time. But the issue ... the point that I'm making to you is that the regulatory authorities informed us that we were dealing with a liquidity crisis in what were otherwise solvent institutions.