Brian Lenihan Jnr (Dublin West, Fianna Fail)

I do not have precise information on the value of deposits and their combination in banks. Hwever, I do remember last September acquiring more specific data on this question before recommending to the Government the decision made at that stage. I will undertake to furnish the Deputy with such information as we can gather in that regard.

Deputy O'Donnell wandered into the land of NAMA and the Fine Gael magic bank, as I choose to call it. I do not want to wander down that laneway with him this evening because the matter does not arise on Second Stage of this legislation. There is a big difficulty with the Fine Gael recovery bank in that one does not get money from the European Central Bank unless one advances collateral for it. Fine Gael has not demonstrated any collateral available, whereby €2 billion can generate €50 billion.

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