Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Thank you, Chair, and you're very welcome, Mr. Moran. You put some context in your witness statement around the whole issue of burning bondholders and, and I appreciate that. But can I put one specific question to you, and that is at the end of March 2011, when Minister Noonan was preparing to go into the Dáil and announce his statement on the restructuring of the banking system ... did Jean-Claude Trichet, as President of the ECB, threaten that the funding support for the Irish banks would be withdrawn if the Government went ahead and imposed losses on bondholders in Anglo and Irish Nationwide?