Seanad debates

Monday, 9 November 2009

National Asset Management Agency Bill 2009: Second Stage

 

12:00 pm

Photo of Shane RossShane Ross (Independent)

There is a real pricing problem. The figures are simple - the pricing mechanism has benefited the banks, while the taxpayer has suffered. We all know that the taxpayer is subsidising the banks, but this would not necessarily be the case had the banks been nationalised. There would not have been a pricing problem because the assets would have belonged to the State.

As I have only one minute left, I had better be quick.

Comments

No comments

Log in or join to post a public comment.