Willie O'Dea (Limerick City, Fianna Fail)

The position of investment intermediaries has worsened considerably. Many of these white collar jobs have been lost since 2009 and people are under greater pressure now than they were then. The Department of Finance and the Central Bank were willing to change in 2009 but the Minister of State expects us to believe this is no longer the case. We are also expected to swallow the canard that this is the wrong legislation. This is pretty pathetic. I would have imagined the Government could have come up with a more substantial excuse than this.

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