Seanad debates

Thursday, 1 April 2010

10:30 am

Photo of Niall Ó BrolcháinNiall Ó Brolcháin (Green Party)

People talk about bondholders as if they are some mythical creatures in other countries. The reality is that some of the largest bondholders in Irish banks are local authorities, credit unions and so forth. Has the House debated who are the bondholders and who would be affected if the Irish banking system were brought down? Does the Fine Gael Party seek to do something completely different from the Government and, if so, what precisely are its plans?

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