Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

Up to 12% of Permanent TSB employees earn in excess of €100,000. I assume Mr. MacSharry believes this is the rate that has to be paid. Does he see how extraordinary this is for anyone looking in at a bailed out institution which is not enthusiastic about dealing with the issue of write-downs to give relief to the general public? In my mind, the institution does this in a delusional frame of mind.

Nevertheless, Mr. MacSharry defends these packages just as he would have defended the packages of his colleagues in earlier years when he served on the board of Bank of Ireland. It is extraordinary.