Enda Kenny (Mayo, Fine Gael)

He said the bank would be wound down in a number of weeks. I asked the Taoiseach if he agreed with the statement. In September, the Taoiseach said the upfront costs of winding down Anglo Irish Bank, to the tune of €70 billion, would not be in the interests of the taxpayer. More than two years ago, Fine Gael pointed out that Anglo Irish Bank should be wound down. Before the banking guarantee the Taoiseach ignored warnings from Merrill Lynch that Anglo Irish Bank should be wound down. The Taoiseach ignored the signals from the European Commission one year ago that it was opposed to the rescue plan of Anglo Irish Bank. I do not want to impute anything but the best motives to the Taoiseach but I ask him to explain the relationship of the Taoiseach and the Government to Anglo Irish Bank in refusing to accept that it should be wound down. Can he explain why the Governor of the Central Bank says this could be wound down in a number of weeks, with the name removed and this toxic bank removed from business?

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