Dáil debates

Wednesday, 1 October 2008

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

 

8:00 pm

Photo of James BannonJames Bannon (Longford-Westmeath, Fine Gael)

Loan sharking was the norm. My party leader, Deputy Kenny, spoke earlier about the plight of young people. I have met many such people who are saddled with enormous personal debt and whose earnings equate to only a fraction of their mortgage liabilities.

The wholesale destruction of our economy has arisen solely because of the greed of corporate chief executives, the Galway tent men and women who had the ear of Fianna Fáil Ministers.

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