Seanad debates

Tuesday, 20 February 2018

2:30 pm

Photo of Michael McDowellMichael McDowell (Independent) | Oireachtas source

I hope the parties to the confidence and supply agreement will come to an agreement on the issue. I am fully in favour of a reasonable, rational approach to working out how ordinary owners of small and medium-sized enterprises and homeowners can be properly protected. The public should be informed of the nominal value of the loans being sold and the consideration received for them, particularly in the case of banks which were aided by public money. In other words, there should be a clear indication of the extent of discounting------

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