Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Dermot McCarthy:
It wasn't a matter for me, Deputy, to be satisfied. I was there to ensure that the decisions were properly taken and recorded and implemented. In terms of the reasons for that outcome, I think, in terms of the analysis in the Wright report, the factors are well set out as to why that would be, including the belief that the opening position from the Department was that: an opening position.