Dáil debates
Tuesday, 8 October 2013
Ceisteanna - Questions (Resumed)
Cabinet Committee Meetings
5:00 pm
Peter Mathews (Dublin South, Independent) | Oireachtas source
Does the Taoiseach realise that the Germans did not even know in January 2012 that the €75 billion of private sector loan losses on the Irish people would have equated in a German scale to €1.2 trillion in misplaced bank losses on the German people? The reality is that its banks are very fragile at the moment. For some of them their gearing is 50 times; Lehman Brothers was only 32 times when it went bust. Can we get together a really fit-for-purpose combat team in the nicest sense? I do not mean throwing hand grenades but getting the truth out there - not just boring old lever-arch files but well-articulated positioning of where we are and what we have done.
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