Kieran O'Donnell (Limerick East, Fine Gael)

The Minister made the argument that one must take account of the credit needs of the Irish economy in terms of any recapitalisation of the banks. Anglo Irish Bank, into which €24 billion will shortly have gone, will provide no credit. The bank is not systemic for the banking system in the economy. Does the Minister not, therefore, think it appropriate at this stage in terms of value for money for the taxpayer to commence an orderly wind-down of the bank?

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