Peter Mathews (Dublin South, Independent) | Oireachtas source

I thank the Minister and agree it would be good to see the SBCI up and going but, at the risk of being repetitive, I will underscore my comment by asking him to whip into shape the banks' boards and managements. They have not been behaving properly. They need to be whipped into shape, write off what is irrecoverable and be realistic with their accounts instead of dancing around the edges. It is time to take out the scalpel and perform the necessary surgery on the gangrenous financial remnants and carcasses of the past. Otherwise, the SBCI will not work.

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