Seanad debates

Thursday, 29 November 2012

Credit Institutions (Eligible Liabilities Guarantee)(Amendment) Scheme 2012: Motion

 

1:50 pm

Photo of Thomas ByrneThomas Byrne (Fianna Fail) | Oireachtas source

The Labour Party voted against the credit institutions Bill in the Dáil in December 2010. It allowed the burning of junior bondholders. It is a fact that junior bondholders were burned as a result of legislation that Fianna Fáil passed but which was opposed by Fine Gael and Labour.

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