Mr. Jonathan Sugarman:

Of the Irish banks. Yet this one bank alone, operating from the IFSC, has cost €100 billion. It is incredibly important that people understand the magnitude of business that is carried out every day in the IFSC and, as Fintan O’Toole says, it is by sheer chance that we, the citizens of Ireland, did not have to foot the bill for that €100 billion as well. The anguish of Irish citizens today, between hospitals shutting down, water charges, etc., is only because of the €65 billion. Can the Deputy imagine if we had been saddled with that €100 billion as well? That is only for one bank.