Banks "Very Definitely" Bailed Out According To A People Before Profit TD
Taoiseach Micheál Martin claimed it never happened in the Dáil yesterday, and said the state took equity in the banks involved.
He had been responding to questions about ex-Debenhams workers and possible solutions to the ongoing dispute about redundancy packages.
The Taoiseach said TD Richard Boyd Barrett lived in a financial fantasy land - however the Dublin TD says the cost of the bail out is still being paid:
"They were very definitely bailed out, and at an absolutely enormous cost, a decade of austerity cost imposed on working people in this country, and a cost for which we're still paying, because of course that was also money diverted away from building public housing, away from employing enough people in the health service."
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