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

Okay. That's fair enough. I want to turn to the guarantee, before I finish. Several commentators - and I want to reference in particular a column by Vincent Browne in The Irish Timeson 24 October 2012 - have stated that the Labour Party opposed the bank guarantee because it gave too much power to the Minister for Finance. That was what he mentioned in that particular column, and because it did not include a cap on bankers' pay. What do you say to that view expressed by him and, indeed, some others?