Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Before I bring matters to a conclusion by bringing in Deputies Higgins and O'Donnell, I would like to clear one or two matters up with Dr. Donovan. I welcome his comments and views on the inquiry and the work it is doing. His position seems to have evolved from his earlier one. Has Dr. Donovan's position on the guarantee evolved, or is it very much what is was? He previously suggested in the middle of the crisis that it was the best option and the best solution, regardless of hindsight. He seems to be presenting a view to the inquiry this morning that the guarantee as it was implemented was the best option. Is that a correct reading of Dr. Donovan's presentation?