Dáil debates
Wednesday, 4 November 2009
National Asset Management Agency Bill 2009: Report Stage (Resumed).
5:00 am
Joan Burton (Dublin West, Labour)
If there was no crash, Irish Nationwide is experiencing a little local difficulty, such as needing €8 billion of distressed loans to be written off. If that is not a crash, I do not know what is. I worked in banking and €8 billion in a small building society constitutes a crash.
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