Oireachtas Joint and Select Committees
Wednesday, 25 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Sean Barrett (Independent) | Oireachtas source
The value of the protection that parliaments give to banks was estimated at approximately €300 billion per year in the United States. That would be equivalent to €5 billion here. Should we move towards a system whereby the banks pay us for the insurance of bailing them out?
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