Dáil debates

Friday, 17 October 2008

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion

 

1:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

I indicated in my Budget Statement this week that I am conducting a review of the operation of the National Pensions Reserve Fund. I intend to bring forward my views on that. If legislation is required as a result of the review, it will be introduced before the end of the year. I presume the reference to the Paulson formula is the idea of a company to manage toxic assets. I have not considered that option, but if the Deputy wants me to examine it, I will do so. However, it has not been to the forefront of my mind.

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