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National Asset Management Agency Bill 2009: Second Stage (Resumed) (14 Oct 2009)

James Reilly: ...debt that takes the extra risk and attracts the higher interest rate. They are getting away scot free. Where is their sacrifice? I object strenuously to the idea that the reputation of Ireland Inc. will be damaged by taking any action other than this proposal. Ireland Inc., the Irish citizen, the State, did not borrow this money or lend it recklessly, but rather it was the bankers and...

Pre-Budget Statements (Resumed) (25 Mar 2009)

James Reilly: Ireland Inc. is in serious trouble. I wish to respond to some of what Deputy McGrath has just said. If we are to be able to plan for the future, it is important to look at the past and, in particular, to examine the history of this crisis. The National Pensions Reserve Fund was established to meet the pension requirements of the public service. Many people are pleased that it will now be...

Banking System: Motion (25 Feb 2009)

James Reilly: ...Ahern, looking up every tree in north Dublin. Owing to the short time I have been here I cannot outline Fine Gael's plan for recovery as Deputy Bruton did so eloquently yesterday other than to say Ireland Inc. internationally has a stink. That smell will not be lifted until all those responsible for it are cleared out. That means the regulators who have failed us so miserably, the...

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