Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The first step would obviously be that the banks would try to fill the capital hole themselves.

It is unlikely that AIB or Permanent TSB will be owned by shareholders, whether that is the ESM or in the market and that the State may be its majority shareholder. In the event that these banks cannot raise money in the markets, does the burden then fall on Irish shoulders again?