Arthur Morgan (Louth, Sinn Fein)

I look forward to his reply to that point.

We were misled about the guarantee scheme in the original legislation. We were told that proper terms and conditions would be brought in that would bring the banks to account. No such terms and conditions were brought in. Poor Seánie has gone off and has to survive on the mere €83 million that he borrowed and whatever other bits and pieces he brought with him. There is also the debacle of Anglo Irish Bank.

Students will examine this period of their financial history with great interest and will come to some very enlightening decisions on Anglo Irish Bank.

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