John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I accept that. I am saying that within the context of how the bank works with other banks - I know they all protect their own patch, in some way, this issue, which is an issue for the State and the people we represent - this issue would in some way be discussed in an attempt to arrive at an overall position where the banks that have a common problem in all of these areas would find some way forward in terms of a solution. Alternatively, the bank may very well come back here and say it needs particular pieces of legislation or something needs to be changed. The problem will not resolve itself. If the bank went through the sales of businesses or properties and people are turfed out or deprived of their livelihood, they will come back to us and they will be a cost to the State anyway. We have had all these hearings and have had a lot of stonewalling from the banks. AIB has given us much more information than most and is proactive. Its numbers tell their own story but now we have got down to the nitty gritty, there is a need to resolve this once and for all. AIB has an input to make into it. It should not just leave it to somebody else. It should encourage the other banks to do likewise and encourage us to make the changes that are necessary but it should not sell them to the vulture funds.