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Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: No, Friedman was spoken to by the then President of Italy, that he should be on standby to become President or Prime Minister of Italy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Well, I suppose, what I'm trying to get there, Governor, is, there are only two other agencies involved with the IMF-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: No, I'm asking you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: I'm asking you was it the European Central Bank, Governor, of which you were-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Formally or informally?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Okay, thank you. And your former vice-president of the European Central Bank, Lucas Papademos-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: -----became prime minister of Greece?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Again, it's been described as a coup d'état,in spirit.

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Can I ask any information about the ECB's ... did the ECB have any role in a former vice-president becoming prime minister of Greece?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Thank you, Chairman. Mr ... or, Governor Honohan, can I ask about your ... the occasion that you phoned "Morning Ireland"? Was it Thursday morning?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: You'd been in ... you were in Frankfurt on that Thursday morning?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Were you in Frankfurt the day before?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Did anybody from within the ECB tell you to make that phone call to tell the people of Ireland that there was a bailout going ... discussions, negotiations, that they were occurring at that stage?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Please do.

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Who were they, please?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Who were they?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Could you name them, please?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: On the Wednesday night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Did you tell either Brian Cowen or Brian Lenihan that you were going to make the call?

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Michael D'Arcy: Should you have contacted Brian Lenihan or Brian Cowen?

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