Dáil debates
Wednesday, 16 September 2009
National Asset Management Agency Bill 2009: Second Stage
4:00 pm
Joan Burton (Dublin West, Labour)
The bank does not give the unfortunate person who lost his or her job a 10% or 15% premium for long term economic value. Perhaps the Minister will explain this to the people of Ireland, in particular ordinary couples who may have lost their homes because, like a developer, they did not manage their financial affairs too well. We all understand how a developer might have been too optimistic and got somewhat carried away.
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