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

Susan O'Keeffe: So, off you went, the two of you, you and Mr. Sheehy.

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

Susan O'Keeffe: And that was it.

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

Susan O'Keeffe: Now, Mr. Sheehy says in his evidence-----

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

Susan O'Keeffe: -----that the guarantee that the AIB piece of paper that you described to Deputy Doherty this morning-----

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

Susan O'Keeffe: He says, "We had drawn up an alternative form which included language which was more specific and also included a definite timeline".

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

Susan O'Keeffe: So, again, he seems to be also-----

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

Susan O'Keeffe: He has more-----

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

Susan O'Keeffe: Yes. So, again, who ... when he says "we" ... I mean, who would've drawn that up? Did you sit-----

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

Susan O'Keeffe: -----in your office?

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

Susan O'Keeffe: Who did?

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

Susan O'Keeffe: Yes.

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

Susan O'Keeffe: You say in your statement, I think, that you and Mr. Burrows - Bank of Ireland in other words - you guys had agreed going in the door that something had to be done about the other two.

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

Susan O'Keeffe: Sorry. I meant ... I beg your pardon. That's not what I ... that you had agreed this. How had you arrived at that agreement? The two banks.

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

Susan O'Keeffe: And you were asked to assemble, weren't you, liquidity? You and Bank of Ireland.

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

Susan O'Keeffe: And you went to considerable difficulty ... considerable effort to make that happen.

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

Susan O'Keeffe: Who?

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

Susan O'Keeffe: The bank.

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

Susan O'Keeffe: Both banks.

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

Susan O'Keeffe: All night. Why would the Government be doing that when then they were actually going to guarantee all the banks, do you think? What-----

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

Susan O'Keeffe: What happened there?

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