Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Mr. Buti raised the issue of the Government's response to the crisis and the intervention to prevent the collapse of the banks. He referred to what would have been catastrophic consequences for the banks and the Irish economy, and went on to criticise the broad nature of the guarantee. What, in his view, given the criticism he has made, would have been an appropriate intervention by the Government at the time, given the crisis it faced? What should it have done?