Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

I could not disagree more with the Deputy than in her policy position that Deputies and Ministers should be enabled to influence commercial decisions of the banks. We had a touch of that in the past and it would lead to absolute chaos. It is not the ordinary people of Ireland who would benefit from that, rather it is the people on the inside track who would benefit again. The policy is no interference with commercial decisions and I will maintain that position. The Deputy is entitled to her alternative view but I think it is very misguided and would lead to corruption of the system if implemented, even on a partial basis, much less a widespread basis. The position is as I have outlined and I do not have anything further to add at this point.

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