Paul Coghlan (Fine Gael)

The Leader knows the situation as he is a businessman. Banks will lend a hundred if they are given a hundred as security. What about the working capital required for a long-running business which wants to keep going? That is the problem. The Government must get real with the banks. It is no good to let them off for another few weeks to think about it and come back. They will not give the Government that kind of detail.

We must not forget the shareholder, the widow, the widower and people who have invested in the banks for years. Has the Government discussed the rights issue with them? We need to get answers to these questions.