Dáil debates
Wednesday, 17 June 2009
Financial Services (Deposit Guarantee Scheme) Bill 2009 - Committee Stage
1:00 pm
Joan Burton (Dublin West, Labour)
Various people speaking on behalf of the bank have said the cost could be as high as €60 billion, with newspaper articles echoing that. Nevertheless, the Minister is refusing to tell us what the ordinary person on the street wants to know. The Minister will immediately commit €4 billion in extra equity to Anglo Irish Bank and everybody agrees that although that money has pretty much gone down the drain, it is keeping the bank afloat. The Minister is still not prepared to tease out and give us the detailed information on who are the depositors and beneficiaries.
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