Dáil debates

Wednesday, 29 September 2010

Credit Institution (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion

 

9:00 pm

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

We in the House are all well aware of that but if we decide to collapse these institutions it will not be a matter of not providing some or limited credit, it will be a matter of not providing credit at all. If that is the outcome the Deputy wants, and if the Deputy wants to create an Icelandic-type crisis she should be open and admit it. The reality of this position is that the Government has had to take very serious decisions on proper advice——

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