Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Let us go back to the substantive issue of the memo of the 25th, which made reference to potential losses in INBS of €2 billion after capital and potential losses in Anglo Irish Bank of €8.5 billion. Professor, in your professional capacity, if a bank's core tier 1 capital is wiped out, does it indicate a solvency problem?