Oireachtas Joint and Select Committees
Thursday, 30 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Alan Dukes:
Well, the point I made is that things were taking longer to get done because the NTMA and the Department were slow in arriving at decisions. If you look at the second section of the document there, the third bullet point, the bank's original liquidity management exercise in 2009, which was burning the subordinated bondholders ... our original proposal was considered too aggressive by the Department so-----
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