Joan Burton (Dublin West, Labour)

I ask the Minister to bear with me. The figures we were advised of by the Minister's officials at the briefing yesterday were somewhat higher than the €26 billion he has just mentioned. Why is there any real impediment to negotiating with bond holders who have come off guarantee? What impediment can there possibly be to that? When businesses fail and go into receivership, creditors, which is what bond holders are, make schemes of arrangement and sacrifices because they hope to do business again in the future. Why have we turned our face against that in respect of what-----

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