Dáil debates

Tuesday, 12 May 2009

4:00 pm

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

I listened in silence to the Deputy. Independent board members were appointed that will oversee the transition from the structures of the past to a new approach. The recapitalisation is occurring in a way similar to the approach in most countries. Money is being invested in bank recapitalisation and I remind Deputy Gilmore there will be an 8% return on that investment.

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