John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay, the quote is:

The costs of insolvency should not transfer to the State simply because the institution in question is a bank (or other financial institution). The role of the authorities is to maintain financial stability and not to bailout shareholders of insolvent institutions. Thus, the preferred outcome for an insolvent institution may be its failure and subsequent orderly wind-down.

I want to ask you, is that consistent with the advice of the domestic standing group in the period leading up to the bank guarantee?