Brian Cowen (Laois-Offaly, Fianna Fail)

I made the point to Deputy Gilmore because he asked specifically about this matter. I said there was no information then that the difficulties that have arisen now were about to arise in Irish Nationwide. That is a fact. He made a point about the legislation and characterised it as an effort to enrich individuals. It was about providing an opportunity for building societies as to whether they wished to stay mutualised or to demutualise.

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