Dáil debates
Friday, 17 October 2008
Approval of Credit Institutions (Financial Support) Scheme 2008: Motion
2:00 pm
Frank Feighan (Roscommon-South Leitrim, Fine Gael)
Does the Minister agree that, due to the extraordinary circumstances we find ourselves in, we must take special measures concerning all banks and other financial institutions availing of the guarantee system? The guarantee is effectively being underwritten by all the citizens of this country who are demanding special measures. We are talking about international finance and a remuneration oversight committee, which goes over most people's heads. The public is demanding openness and transparency. The banks should guarantee to include a note in their accounts on the breakdown of loans. Does the Minister agree that information on the construction sector should include the amounts outstanding?
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