Kieran O'Donnell (Limerick East, Fine Gael)

Have discussions taken place with the banks to deal with the issue of setting up a toxic debt bank and what has been the outcome of those discussions? Has the report from Dr. Peter Bacon been considered by Cabinet? Will the Minister explain, if he is considering setting up a toxic bank, what will be the cost to the taxpayer in terms of write-downs on developers' loans?

See this speech in context