Seanad debates

Thursday, 6 November 2014

10:40 am

Photo of Terry LeydenTerry Leyden (Fianna Fail) | Oireachtas source

The Government and President should commend him on his contribution. I met one of the exhibitors from Roscommon. She was networking in the city last night, in which regard we assisted her. Seeing that number of people displaying such good behaviour and with such spending power was a most exhilarating experience. Senator Brennan voiced his difficulty with hotels, which was fair enough, but people last night told me that the cost was competitive compared with other cities. We must allow for that as well. The web people have very deep pockets and are well funded, so I am sure that they are happy and enjoying themselves in Dublin.
I rise to discuss the letter published today by Mr. Cliff Taylor. The entire group of letters should be published by the Government, even though doing so would not seem to be in its interests. According to The Irish Times, Mr. Jean-Claude Trichet, then president of the European Central Bank, stated on 19 November 2010 that "further emergency liquidity assistance ... would not be provided for the Irish banking system unless Ireland applied for a bailout." On 18 November, Professor Patrick Honohan jumped the gun for his own reasons and appeared on "Morning Ireland" to pressure the Government into accepting Mr. Trichet's diktat. At that point, I believe-----

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