Brian Cowen (Laois-Offaly, Fianna Fail)

I am not having an argument about what words to use. I am trying to explain to people the context of what was going on and why it was important it be unwound. Part of that was the conversion of those contracts for difference to 15% of shareholding for the Quinn family. There was also the other question of other investors taking up the remainder. As I understand it, all of those ten were under the thresholds and the action was therefore not disclosable under law. It was under 3% of a shareholding.

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