Stephen Donnelly (Wicklow, Independent) | Oireachtas source

I believe the approach the Government is taking with the arrears targets is wrong but it is doing it in good faith and is trying to deal with the fact that there is too much unsustainable household debt. The solutions offered by Bank of Ireland in at least 90% of the cases, and I bet there are more, actually increase the total amount those households will end up paying the bank. If I was in Mr. Boucher's position or was a shareholder in the bank, I would think that is fine. I accept that this is the sensible thing to do for Bank of Ireland. However, for us as public representatives, allowing Bank of Ireland to increase the total amount that these households pay it is wrong.

I know I am running out of time-----