Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Cowen. Which was I would have thought relatively unprecedented. So the question is at that point, when you made such a dramatic decision, did you see fit as an organisation to say to the Minister for Finance, "There's a problem here. What alternative measures are you putting in place to deal with the issues in the banking system?" You were the experts in terms of rasing funding. The fact that you had the guardian of the public funds saying, "We're not secure putting those funds into the Irish banking system", did you not make a recommendation to the Minister of Finance both in August 2007 and then in the roll-over in June 2008, this matter needs to be looked into?