Seanad debates

Thursday, 15 November 2012

Adjournment Matters

Banking Sector Remuneration

12:50 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

He will only damage his reputation, however, by trying to defend the indefensible. It is always a bad idea. You owed them nothing; that is another thing the Senator should remember.

As regards Senator O'Donnell's remarks, I share her anger at what is happening. I think I have replied to the points she made in respect of banking and so on. There are also other institutions of which she has knowledge and with which she had relationships in the past. They have very high pay rates as well.

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