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Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: I certainly will, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: Just stop the clock a second. It's just, kind of, coming back to where we were revisiting this morning. There's an issue here with specific numbers and to stand up the numbers over the policy platform. The Deputy's question is that there is a cyclical and pro-cyclical presentation in the figures here and how does ... over the lifetime of Government, that would be compounded and compounded....

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: Tánaiste I-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: -----I need you to focus upon-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: -----your own behaviour, at that time-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: -----to answer the question with regard to what was the thinking-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: -----and what was the alternative to doing-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: -----what actually happened.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: I'm going to just ... the proposition here is very, very clear. Is that the ... when the guarantee was in real time ... over the couple of days that actually happened, the ... a position was taken on that by Government and by the Labour Party and other parties. The proposition is ... has two aspects to it, certainly, why were there concerns with not supporting it at that particular time and...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: Okay. Exactly. Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: Tánaiste, please, I need to get that answered now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: And I've asked the Tánaiste ... and I'll repeat it again. The ... there's two ... and I will say that there's two propositions to the question. There is: why was the position taken and what was the alternative that was being put forward?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: Tánaiste, I will have to press this now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: No, I will-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: I will really, really have to press this.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: Is-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: I will accommodate you more time, Deputy, okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: I'm going to make an intervention here, Tánaiste-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Ciarán Lynch: -----I don't want-----

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