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Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Michael D'Arcy: Were you surprised when the new CEO, Fergus Murphy, changed the direction when he joined EBS?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Michael D'Arcy: Okay. Thank you, Chairman.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Thank you, Chairman. Mr. Drury, you're very welcome. The New York Timesarticle "Can one bank-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: The New York Timesarticle, Mr. Drury, "Can one bank bring down a country?" I'm not sure are you aware of it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Do you think it's fair?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: The article.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Well, just go with the headline.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: The headline.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: You don't think it is?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Why?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Okay but-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Okay, we'll move on then.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Did you participate in the appointment of David Drumm as CEO of Anglo Irish Bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Could you outline your role?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: And who were the other two?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Who were the other two?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Internal.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Do you think an external candidate would have facilitated Seán FitzPatrick becoming chairman? Or external ... sorry. Sorry, external.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Michael D'Arcy: Should you have thought of it?

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