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

We cannot just tell people that we are going to repossess their home, and good luck. As some members said earlier, many of those people were led into this debt. They went in for a loan of €80,000 and came out with €120,000, a loan for a car and maybe a loan for a second car. The banks are as much to blame for all of this as anybody else. We bailed out the banks. I do not believe that moral hazard enters into it at all because people are trying to get out of this, whether through using the services of David Hall or somebody else. I do not like the commentary around the vulture funds and tolerating them. They had 125 meetings with the Department of Finance over three years, according to this committee's report - I am conscious that Mr. John Moran is in the Gallery - but they did have these meetings. There seems to be an awful amount of sympathy in Government circles for minding the banks but not minding the people. The point has come where we have to mind the people.