Dáil debates

Tuesday, 8 November 2011

Private Members' Business - Promissory Notes: Motion

 

7:00 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)

A few short months ago, the Minister, Deputy Noonan, on behalf of the Government promised he would seek to share losses with investors holding unguaranteed, unsecured bonds in Anglo Irish Bank and Irish Nationwide Building Society. I am unsure whether it was the Minister himself or his colleague, Deputy Howlin, who went so far as to describe such bondholders as legitimate targets for haircuts.

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