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

Mr. Ó Ríordáin, in your statement ... page 3 you say about, paragraph 5.5, and you say ... you speak about giving a perspective, and you say, "Had a bank failed in 2008, there was no bank resolution legislation available to the Government to step in to resolve it in a controlled manner." So the question I suppose I want to ask you, is No. 1, you were brought in a week before the guarantee took place, you were brought in the 24 September. Was there in any way a discussion around putting in place a mechanism to allow an orderly wind-down of an insolvent institution? Obviously, I'm speaking specifically about Anglo and Irish Nationwide.