Seanad debates

Thursday, 29 November 2012

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

 

2:10 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael) | Oireachtas source

How impossible that seemed, yet it happened as a result of the decisions taken by the Government in March 2011. We now have one arm of the pillar under State ownership but we own only 15% of the other bank. It happened as a result of the change from the policy followed by Senator Thomas Byrne's party to the policy followed by the parties now in government.

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