Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Kevin Cardiff:
Well, the IMF numbers would have included the subordinated and the senior and I think the senior was probably by then about €18 billion or €19 billion. Those that were already guaranteed wouldn't have been included in the numbers, those that were secured on loans and so forth probably wouldn't have been included in the numbers because they had other protections. So I recall the number of about €19 billion being in the mix, but the numbers moved around a little bit depending on, you know, exactly how you wanted to define them.