Susan O'Keeffe (Labour) | Oireachtas source

It is my final question. Professor Hardiman refers to "the dearth of accurate information about the true state of the banks that was available to policy-makers prior to extending the guarantee – a clear failure of the regulatory regime". If Professor Hardiman agrees with Professor Kane that those to whom I refer are high priests and regardless of the amount of information available, is it not the case that the same decision would have been made? Does Professor Hardiman have a view on that matter? What Professor Kane stated was quite serious in nature and Professor Hardiman may harbour a different opinion.