Joan Burton (Dublin West, Labour)

Will the Minister lay out his analysis and publish this report? I understand the banks' problems stem from short-term borrowing on the international money markets to fund longer-term investments, so the notion the banks are not having to turn over their borrowing, funded by the bailout and guarantee which this Government arranged, is wrong. I have serious doubts about the explanation given by the Minister. While I do not know whether it comes from the Department of Finance or the Financial Regulator, I would like to see that report published so we could analyse it and perhaps then advise the Minister. They borrowed short - that is their problem - so why is Minister saying they are committed long?

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