Enda Kenny (Mayo, Fine Gael)

I wish to return to a question I raised with the Taoiseach yesterday. The banking bailout strategy has been a continued failure, has cost the Irish taxpayer billions of euro and has brought our country to the edge of bankruptcy. Anglo Irish Bank has cost the taxpayer €35 billion, with a total recapitalisation of €60 billion not including the cost of NAMA. If that is included, the estimated cost increases to €100 billion in respect of a banking strategy that has clearly failed. Everyone respects the integrity of the Governor of the Central Bank, Dr. Patrick Honohan. He said on Monday that Anglo Irish Bank would be wound down in a matter of weeks. Does the Taoiseach accept the statement of the Governor of the Central Bank? Does he agree with that statement? If he does, will the Taoiseach explain to the House the strategy, the process and the timescale to have Anglo Irish Bank wound down in a matter of weeks?

See this speech in context