Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

With respect, I did not suggest Mr. Spring was on the trading floor manning the phones, but he is the chairman. According to the Credit Institutions (Stabilisation) Act 2010, the remit of the public interest directors is to address the serious and continuing disruption to the economy and the financial system and the continuing serious threat to the stability of certain credit institutions in the State and the financial system generally. The activities of Alder Capital and its like - vulture capitalists - are precisely opposed to that. They thrive on instability and profit massively from the creation of instability through currency speculation.