Dáil debates
Wednesday, 29 September 2010
Credit Institution (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion
8:00 pm
Pat Rabbitte (Dublin South West, Labour)
I will sit down, Sir. He further stated:
The bottom line of Honohan's report in relation to the guarantee is that it wasn't necessary to guarantee all outstanding debt and the decision to do so played a crucial role in maximising the cost of the banking crisis for the taxpayer.
It is important for the historical record that this is put on the record of the House.
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