Dáil debates
Wednesday, 1 October 2008
Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed) and Remaining Stages
11:00 pm
Joan Burton (Dublin West, Labour)
Yes. The Minister and his party must come to realise that the business of trying to protect banks who have engaged in delinquent behaviour should end. The legislation already provides the institutions in question with extraordinary guarantees but, in this section, the Minister is seeking to offer a further extraordinary shield of protection and privacy to banking institutions which may have been delinquent. The Minister should, together with his officials, reconsider the extraordinary powers he is taking unto himself.
No comments