Frank Feighan (Roscommon-South Leitrim, Fine Gael)

I genuinely hope this works out. There are some flaws in it. Anglo Irish Bank should not have been protected. I refer to bond holders. Those who buy shares may win and pay their taxes but if they lose they take the loss. They should not be protected.

The banks under the banking guarantee should be protected. We should pay tribute to them. Unfortunately, there are many outside banks here, such as National Irish Bank, Ulster Bank and other UK banks. They are going after Irish deposit holders. We must wear the green jersey. We must put our money into the banks under the Government guarantee scheme because that money is going back to the economy. I ask the Minister to raise this matter. He should let unions and schools put their money into the banks under the Irish guarantee scheme.

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