Dáil debates

Wednesday, 24 March 2010

10:30 am

Photo of Eamon GilmoreEamon Gilmore (Dún Laoghaire, Labour)

That is an incredible reply. I asked for simple information, namely, how much are the pay increases, how much losses Anglo Irish Bank has made, even in ball park terms, and how much more will we be asked to put into the bank. The Taoiseach indicated that we will be given this information in due course and that pay and other issues related to the bank are matters for its management and board as if this were some perfectly functioning, prosperous, profitable company doing its business. This is the zombie bank, the rotten apple at the heart of what happened in the Irish banking system, which gave rise to the collapse in our economy, for which people all over the country have been paying for the past 18 months with their jobs, in their pay packets and living standards and in the quality of services being produced. This is not a matter for the management and board of the bank. This is a matter for the Government because it owns the bank.

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