Gerry Adams (Louth, Sinn Fein) | Oireachtas source

The Taoiseach has a significant amount of honest leverage in that this debt is not payable. The cost for the people is crippling. The Taoiseach knows the story so I will not recite it to him but he knows the number of people who are broken from paying the bankers’ private debt. That is the price.

Some times in negotiations, one has to be unreasonable-----

See this speech in context