Dáil debates
Thursday, 30 September 2010
Bank Guarantee Scheme
10:30 am
Joan Burton (Dublin West, Labour)
We were given a short briefing in the Department of Finance yesterday morning. The Minister's officials that something like €36 billion was coming off the guarantee at midnight last night in relation to senior debt. The Minister made various statements earlier today suggesting that he had legal advice of some kind - the Attorney General, I think, was quoted - that it was not possible to negotiate with the senior bond holders.
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