Dáil debates
Wednesday, 1 October 2008
Credit Institutions (Financial Support) Bill 2008: Committee Stage.
1:00 pm
Tommy Broughan (Dublin North East, Labour)
We have not had an opportunity in the discussion to put forward anything, but there are alternatives. As I stated, the Minister took a step a couple of weeks ago and has now sought to retrospectively protect himself by this kind of global legislation.
We have the experience in Scandinavia in the 1990s, with Sweden, Norway and so on. The economics textbooks have been written about how to manage a banking crisis.
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