Seanad debates

Wednesday, 1 October 2008

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

 

6:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

The provision does involve a degree of invasion of the normal commercial management of a company, which is in my view a little excessive. A more important question is the extent to which, as a result of this guarantee, there will be public interest representation on the boards of the relevant financial institutions.

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