Michael Noonan (Limerick City, Fine Gael)
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If it needed additional capital, the first thing it would do is go to its private shareholders to ask for extra capital from its owners. That would be the first move. They might decide to go to the market to raise capital. I would like, somewhere on the high priority side, to see the ESM being a source of capital for banks that require capital. I would not see the ESM as a provider of capital to banks like Anglo Irish Bank that went bust and were no longer trading as banks. I would see that being resolved through the resolution legislation we have put through the House.