Brian Cowen (Laois-Offaly, Fianna Fail)

As the House knows, we are also in the process of finalising arrangements regarding recapitalisation. The recapitalisation of banks is about ensuring once again that we provide much-needed stability in the banking system for the benefit of the real, wider economy. The portrayal of the recapitalisation policy as being in some way simply for the provision of bankers is incorrect. It is about maintaining stability in the banking system at this critical time.

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