Dáil debates
Thursday, 30 September 2010
Announcement by Minister for Finance on Banking of 30 September 2010: Statements
10:30 am
Eamon Ryan (Dublin South, Green Party)
Yes, our example is the very worst and yes it hurts terribly. Moreover, because it is our own, it hurts even more. Whatever about international comparisons, this is the worst experience we have ever faced and I intend to do everything I can to ensure we never have it again. However, the solution being pursued is common to many similar bank crises in the past. It comprises an introduction of a guarantee, followed by the management of the assets that are in difficulty-----
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