Thomas Byrne (Meath East, Fianna Fail)

I am pleased but somewhat saddened to speak on this issue. It is a disgraceful situation in which we find ourselves. My message to the bankers and the small cabal of developers who caused this problem is, to misquote Shakespeare and a former Taoiseach, that they have done the State some mis-service and we know it. Unfortunately, the taxpayer knows it and the taxpayer must get on with things.

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