Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
Yes, no, but the domestic standing group were considering in depth the whole issue around Quinn, both in terms of the unravelling of the shares and also in terms of the possible implications for Ireland as a country in terms of the exposure, both in terms of the contracts for difference for Quinn and also in terms of that they were heavily leveraged. They had bondholders in the US and the potential impact that could have on Ireland as a country.
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