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Seanad: Economic Situation: Statements (30 Sep 2008)

Paddy Burke: Senator Boyle, without interruption.

Seanad: Economic Situation: Statements (30 Sep 2008)

Paddy Burke: Senator Boyle, without interruption.

Seanad: Human Body Organs and Human Tissue Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: I welcome the Minister of State, Deputy Moloney, to the House.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: We do not know that, as we do not have the facts.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Why are Members here?

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Senator O'Malley, without interruption.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Is that agreed? Agreed.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Senator White, without interruption.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: The Senator should conclude.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: I ask Senators to consider sharing time because 15 Senators have indicated they wish to speak.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: The Senator has one minute.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Does the Senator wish to share time?

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Is that agreed? Agreed.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Senator White, without interruption.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: The Senator's time is up.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: Senator Regan without interruption, please.

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: On a point of order, is there provision for the Minister to reply?

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: I also thank the Leader for extending the allocated time to give me a few minutes to ask some questions. The Minister for Finance stated in the Dáil that he will await the outcome of his officials' investigations in conjunction with the Central Bank and the Financial Regulator before announcing the scheme. When does he expect to receive a report from his investigators and when does he...

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Paddy Burke: It appears this might have been a different or better option if the risk outlined by some people is not there.

Seanad: Credit Institutions (Financial Support) Bill 2008: Committee Stage. (1 Oct 2008)

Paddy Burke: If one of the six banks covered by the legislation were taken over by an outside financial institution, would the guarantee extend to that bank following the takeover or is the scheme designed in such a way that mergers will only take place among the six banks to which I refer?

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