Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Gantly:

I'd say ... my own view, and I think it would, and it certainly would have been shared, I think, by quite a few market participants that I would know, was that, as I said, equity bore the full cost. So, you know, accordingly, that subordinated debt, which counted as capital, should have been fully hit. I think straying into the senior side of it, I'm actually not sure.

Comments

No comments

Log in or join to post a public comment.