Dáil debates

Tuesday, 15 June 2010

Confidence in the Taoiseach and the Government: Motion

 

8:00 am

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

He said that a disorderly failure of Anglo Irish Bank would have brought down the whole banking system, with devastating consequences for the economy. Professor Honohan then concluded: "[T]he systemic importance of Anglo Irish Bank at that time cannot seriously be disputed."

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