Seanad debates
Tuesday, 20 January 2009
Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages
10:00 am
David Norris (Independent)
To be praised by me. That is the reason I am doing it.
While the matter of commercial sensitivity was raised, it does not apply in this regard because it is just like the position in a libel action in which people have no reputation left. The bank has no credibility and no reputation remains to it. Consequently, it cannot be subject to the ordinary forces of commercial sensitivity. The Minister has stated it is a going concern. While that may be the case, within limited terms of linguistic reference, the question is: where is it going and at what cost?
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