Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent)
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On the night of the guarantee were stronger measures thought of, or would we think of them in the event of any recurrence, such as going into the banks and not allowing the same boards and management to go back? After all, if they're presenting the State with this huge burden, could the State not take it on on its terms? And I'd be concerned about how much the cost escalated from what we thought at the beginning to the eventual.