Dáil debates

Wednesday, 4 November 2009

National Asset Management Agency Bill 2009: Report Stage (Resumed).

 

3:00 am

Photo of Ned O'KeeffeNed O'Keeffe (Cork East, Fianna Fail)

I am expressing some genuine concerns. I say "well done" to the Minister. He should be allowed to get on with his business of getting this legislation right and getting it through. We have the support of EUROSTAT, the European Central Bank, much of the Irish business community and many well-heeled economists who understand business. A few Members of this House are on the sideline. The bank expert who spoke on television last night suggested that NAMA will make a loss of €12 billion. If he had drawn up his figures on the side of a cigarette box, he would have come up with the same thing. The Minister has the full support of the House. He should not mind the frustrations of the Opposition. He should get on with the business of putting this country back on its feet.

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