Dáil debates
Wednesday, 7 November 2012
Personal Insolvency Bill 2012: Report Stage (Resumed) and Final Stage
4:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I still think, however, that the figure of €3 million is hard to justify. It is reasonable to say there were those who were not speculators who bought a property, often on the advice of the bank, as an investment for their old age.
They were not profiteers in any way but just did not know where to put their small savings and the bank advised them to invest them in that way.
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