Dáil debates

Wednesday, 10 March 2010

1:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

If we do not set up an assets relief agency, which is an established feature of the banking rescue landscape in virtually every country in the world, we will not be in a position to provide credit. The whole purpose of NAMA, as I have pointed out many times, is to accelerate bank losses so that we can ensure that the banks are in a position to lend-----

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