Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Briefly then, finally, I want to ... I won't go any more into that particular publication. Paragraph 58 was referred to by Deputy Higgins earlier, of your opening statement, where you said that there was no "constitutional impediment to introducing [further] legislative measures to provide for further burden-sharing". Was your opinion ever sought on the introduction of legislation to impose burden-sharing on senior bondholders and if so, when was it first sought and by whom?

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