Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

We had invested €1 billion in Bank of Ireland at 10%. The only risk that attached to that investment was that the Bank of Ireland might fail. The Government has assured us many times that the Bank of Ireland is on the road to recovery and will be one of our pillar banks in the future. If I came into the Chamber and said there was any chance of the Bank of Ireland failing, the Minister would say I was scaremongering and there was absolutely no chance of that happening. He would deny utterly that there was any risk, and with good grounds because I would concur with him. I do not believe there is any risk of Bank of Ireland failing.

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