Dáil debates
Wednesday, 8 April 2009
Financial Resolution No. 11: General (Resumed).
1:00 pm
Eamon Ryan (Dublin South, Green Party)
Concerning ownership, unlike the Labour Party which seems to want to nationalise all the banks, I prefer and support the approach set out by the Minister for Finance, Deputy Lenihan, yesterday. This proposes that if the banks cannot cover those losses that must be recouped, we then take ordinary shareholding in the banks. The benefit of that is it brings a return to the Irish taxpayer because of the ability to sell that ordinary share into a market which also keeps an eye on-----
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