Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Your Department can provide it again if that ...

Mr. Noonan, in November of 2010 in Dáil Éireann, you were highly critical of the bailout package, the troika package and, in particular, the lack of burden sharing with bondholders, more popularly referred to as burning bondholders. Now, can I just ask you in relation to that and explore a little bit with you since you came into government your policy in regard to burning bondholders or so-called burden-sharing? On page 18 and 19 of your statement - the written statement to the inquiry - you said, and I quote, "There was 35 ...". Sorry, this is a paraphrase, there was €35 billion of senior unguaranteed bonds remaining in the six covered banks when this Government took over in March 2011. €3.7 billion of that was held by Anglo Irish Bank and Irish Nationwide. Now, do you recall ... Mr. Noonan, your Government took office, I think, on 9 March 2011, if I am not mistaken. Do you recall, shortly after, on 28 March 2011, giving a briefing in the sycamore room of Government Buildings to Government Ministers and Central Bank officials on bank recapitalisation, but also in relation to burden-sharing?