Michael D'Arcy (Fine Gael) | Oireachtas source

Then I will explore Dr. Donovan's view on the bank guarantee. We were quoted the gross figure of €64 billion initially. Then Governor Honohan stated a figure of €40 billion. Would the figure have been higher if those banks that were offered the extension of the guarantee had decided to participate in the offer for them to be covered, and if it had been higher, does Dr. Donovan have any knowledge of the extent of how much higher it would have been?