Dáil debates
Tuesday, 30 September 2008
Leaders' Questions
3:00 pm
Brian Cowen (Laois-Offaly, Fianna Fail)
The Government has not taken equity in these banking institutions. It has provided a State guarantee to deal with liquidity which was critical to the continuation and health of the financial system. By doing so, we are not exposing taxpayers' money to the provision of that equity. The equity issue does not address the liquidity one.
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