Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I move amendment No. 2:

In page 5, line 29, to delete "the private company referred to in section 5" and substitute "a public company".

The Minister should not be able to privatise this State bank at any point. One of the features of the bank bailout that drives me around the twist is that we bail out the private banks and, in some cases, nationalise them when they have wrecked the economy, put them back on their feet and, as soon as they start to look as if they can function again, sell them off so that future profits or benefits do not come to us. We do not benefit, notwithstanding that we bailed them out when they were on their knees and at risk of collapse.

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