Willie Penrose (Longford-Westmeath, Labour) | Oireachtas source

There is some difference between the position of the credit unions and the banks. This regulation will now compel credit unions to offload their additional funds into the very same banks that sunk the country. Is that not ironic? As one comedian would say, "Sure, you couldn't make it up." I ask the Minister of State to see the sense of the logic in our arguments and subject regulation CP 88 to a short, sharp review, as advised in the report commissioned by the Central Bank.

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