Dáil debates

Tuesday, 12 June 2012

3:00 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)

-----and hence should explain his subsequent comments.

Did the Taoiseach raise with President Obama the intervention of the Secretary of the Treasury, Timothy Geithner, and his complete opposition to the burning of bank bondholders? The Taoiseach's election commitment was to burn bank bondholders. It is reported that Mr. Geithner steadfastly, strongly and robustly opposed it. Did the Taoiseach raise this issue with President Obama? There seems to be genuine reluctance on the part of the Irish Government to raise it with the US governmental authorities. The Minister for Finance, Deputy Noonan, has not raised it. He has repeatedly refused to raise the matter with Mr. Geithner. Will the Taoiseach outline with whom he raised this issue during the US visit?

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