Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael)
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The memorandum of understanding was there for agreement but it didn't refer to bailing in or burden-sharing. It talked about subordinated debt but not senior debt. So was there any discussion about whether that was a possibility given that it wasn't actually in the memorandum that it wasn't explicitly allowed?