Dáil debates

Wednesday, 1 October 2008

Credit Institutions (Financial Support) Bill 2008: Committee Stage.


1:00 pm

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)

——and we are still being treated like this here today because we still do not have the key information, which my colleague is seeking to extract from the Minister.

At the end of the day, who will carry the can? How big will the can be? We do not have a clue. We do not know. Professor Morgan Kelly last night correctly sought to estimate the amount of toxic debt that was out there and was thinking in terms of €20 billion or €30 billion, which is a considerable liability.


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