Seanad debates
Thursday, 1 December 2011
Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2011: Motion
12:00 pm
Michael D'Arcy (Fine Gael)
Positions changed. Let us stick with the facts and try not to rewrite history. There is no choice but to support this measure. I would like the €100 billion liability removed from the State, but there comes a time when there is no choice. This is such a time. Some €80 billion of the amount guaranteed is made up by accounts of less than €100,000 held in the retail banks by Joe Citizen. If someone walks out of the Chamber and does not support the scheme and something occurs-----
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