Seanad debates

Wednesday, 18 February 2009

11:00 am

Photo of Terry LeydenTerry Leyden (Fianna Fail)

I make a reasonable point, namely, to invite the Tánaiste to this House in order that we might have a discussion on this matter. When Ericsson announced job losses in Dublin it had not informed the Government in advance of a possible closure or loss of jobs. This is a gravely serious situation. I was formerly in the Department of Enterprise, Trade and Employment and I know its workings. This can be done and there is potential for the State to become involved in equity, as it was in the past. People say to me that we have taken equity in the banks, namely, quarter-shares in AIB and Bank of Ireland——

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