Dáil debates
Thursday, 18 November 2010
Irish Banking: Statements
11:00 am
Brian Lenihan Jnr (Dublin West, Fianna Fail)
I have read into the record many times the extract of the report by the Governor of the Central Bank, Professor Honohan, of 29 September last endorsing this assessment. This conclusion is not open to being refuted by anyone who is prepared to read the findings and the conclusions of the report with an open mind, in particular, paragraph 1.25 on page 14. No amount of obfuscation with the aim of confusing the issue by drawing on the criticisms made by the Governor of the blanket scope of the guarantee alters that conclusion. If anyone remains in any doubt regarding the Governor's assessment of this issue, I refer him or her to the Governor's speech at the SUERF conference on 20 September 2010-----
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