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Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: No, because there is no borrowing. It is accumulated reserves.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: We are using existing accumulated reserves. The EBS is on a promissory note structure as well, or will be in the absence of a successful bid.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: Deputy Noonan will have to ask the Regulator about that. It is his practice.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I can arrange a briefing if the Deputy wishes me to do that.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: A lot of Deputy Noonan's friends appear to be about to be shot as well.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I am sorry. The Deputy is quoting figures I did not give.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I did not give those figures.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I have them.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: Nothing.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: Neither do I.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: The Deputy misstates everything. I did not suggest that the Attorney General ruled out any negotiation.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I referred to the legislation governing this matter and the limits relating thereto.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I am glad they have lifted for the Deputy.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I rely on the advice of the Attorney General in respect of this matter.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: No figures in that report were attributed to me.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: I did not suggest that.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: The Deputy will need to show some respect for truth in her utterances in this House.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: It is the advice of the Attorney General.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: If the Deputy furnishes me with her legal advice I will have the Attorney General look at it.

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (30 Sep 2010)

Brian Lenihan Jnr: That is a terrible slur on the public service.

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