Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Okay. Mr. McDonagh, the committee has heard evidence with regard to the bail-in strategy developed by the NTMA in March 2011 and I appreciate you weren't with the NTMA at that time. With regards to your time with the NTMA, was there any discussion around possible bail-ins or hair cuts for senior or subordinate bondholders?

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