Dáil debates
Tuesday, 25 October 2011
Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed)
9:00 pm
Mattie McGrath (Tipperary South, Independent)
The banks approved the massive mortgages and they are not expected to take any of the hit. That is unrealistic. The banks must take a hit. When the Deputies opposite were in opposition they were shouting about the senior bondholders in banks. I appreciate what they are trying to do but we must have a level playing field. We cannot have the banks getting off.
We also must reform the bankruptcy laws-----
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