Ex-Central Bank chief contradicts ECB president at banking inquiry

The former governor of the Central Bank says the ECB warned Ireland not to allow Anglo Irish Bank to collapse like Lehman Brothers.

Ex-Central Bank chief contradicts ECB president at banking inquiry
Thu, 21 May, 2015 - 12:41

The former governor of the Central Bank says the ECB warned Ireland not to allow Anglo Irish Bank to collapse like Lehman Brothers.

John Hurley says Frankfurt was consulted in the days before the guarantee, and warned that Anglo could not be allowed to collapse.

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CourtsBanking InquiryPerson: John HurleyPerson: Jean-Claude TrichetPerson: Brian LenihanPerson: HurleyOrganisation: Central BankOrganisation: ECBOrganisation: IrelandOrganisation: Anglo Irish BankOrganisation: Lehman BrothersOrganisation: FrankfurtOrganisation: AngloOrganisation: Banking InquiryOrganisation: Lehmans
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