Dáil debates

Tuesday, 25 October 2011

Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed)

 

9:00 pm

Photo of Mattie McGrathMattie 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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