Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
There's been a lot of talk in the State about ... that senior bondholders couldn't be burned because they ranked pari passu, of equal nature, with depositors, and if you burnt senior bondholders you would burn depositors. How confident are you, given the earlier testimony, that we could have ... the State could have, under law, protected depositors while at the same time burning senior bondholders?
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