Joan Burton (Dublin West, Labour)

The Ceann Comhairle allowed Deputy Durkan speak for nearly ten minutes. I will explain what my inquiry is. In the statement delivered to the House about the financial disaster the Taoiseach made reference to exploring with the Attorney General the issue of legislation dealing with bank resolution. Is this contemplated in the context of AIB?

Second, the Minister for Finance wrote to me stating he was exploring whether legislation was required regarding the Government's proposal in respect of Anglo Irish Bank on a funding bank and an asset recovery bank. Will the House be given clarification? The sums involved are very considerable-----

See this speech in context