Joe O'Toole (Independent)

The Minister of State made a point when summing up that I did not hear clearly but I would like to have it put on the record again. The fact of the matter is that today, the action by Government has eased the access to credit for the banks and it has cheapened the cost of credit and money to the banks. Therefore, the banks are actually better off than they were this morning because we have covered their risk. I think the phrase the Minister of State used was that they would pay a fee reflecting commercial reality. That is what I head the Minister of State say and I would like him to put it on the record again.