Pearse Doherty (Donegal South West, Sinn Fein)

-----that we impose burden sharing on senior bondholders. Just a number of days ago, €200 million was paid by the State to unguaranteed unsecured bondholders in Anglo Irish Bank. The Minister of State, Deputy Brian Hayes, has argued for senior burden sharing on those bondholders. We have the stress tests. Does the Minister not believe that we would reduce the liability of the State by imposing burden sharing on senior bondholders, at least on the unguaranteed unsecured ones in Anglo Irish Bank the likes of which €200 million was paid out to in the past number of days?

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