Arthur Morgan (Louth, Sinn Fein)

Is the Minister aware that the terms of certain securities allow for the possibility of non-repayment in the event of a bank becoming insolvent? The Minister is nodding. In such circumstances, will he state whether the Attorney General addressed that issue in specific terms and whether he indicated that the relevant provision exists? I share Deputy Burton's view that it would be brilliant if the Minister shared the Attorney General's advice with us.

Reference is made to capitalism. I was involved in capitalism before I entered these Houses. I bought products, processed them and then sold them on. I was often caught out in respect of bad debts and neither the Minister nor his predecessors were there to support me. I was obliged to pick myself up and carry on.

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