Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael)
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Mr. Cowen, former Taoiseach, stated that his preference was against nationalisation because that guaranteed all the losses in perpetuity for the State, rather than a time-limited guarantee. Can I ask your view about that?