Paul Murphy (Dublin South West, RISE) | Oireachtas source

I agree with the proposal from Deputy McDonald. We need to have a debate about this. One of the issues that is particularly concerning is that it is reported in the Irish Examinerthat the Minister for Finance did not bring any memorandum to Cabinet on Tuesday about his decision but merely slipped it in during an oral briefing on various banking issues. If one looks at the situation in banking right now, one sees the massive closure of bank branches and the threat that poses to rural communities and jobs, one sees what has been exposed at Davy's and now, on top of that, one sees that we are back to the bad old days of big bankers' bonuses.

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