Seanad debates

Tuesday, 20 January 2009

Anglo Irish Bank Corporation Bill 2009: Second Stage

 

8:00 am

Photo of Alan KellyAlan Kelly (Labour)

The consistent underestimation of the situation in the past six months poses serious questions. If the Minister needs help, he should get it for the good of the country.

The Labour Party will oppose the Bill. We do not want to protect bad gamblers engaged in monopolistic gambling. We do not know how much the nationalisation will cost or how accountable the new regime will be to the Oireachtas.

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