Dáil debates

Wednesday, 12 January 2011

2:30 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

How much extra cash must the taxpayer put into this bank through the NTMA mechanism from its remaining cash balances? What figure does the Minister expect? He talks about an asset management exercise, which means the selling down of assets through a credit enhancement process, where the State would guarantee maximum losses for the buyers of those assets. Will the Minister specify how much he expects the asset management exercise to generate? Could he specify what other asset sales will take place and outline how much the State has lost on the investment in AIB so far?

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