David Cullinane (Waterford, Sinn Fein) | Oireachtas source

I will continue on this theme because I am flabbergasted by Mr. Carville's response. I will try to elaborate on my thoughts so that Mr. Carville can help me understand his reasoning.

Mr. Carville said that the reason to invest the €66 billion in the banks to recapitalise them was to save the entirety of the banking system. That would have been the reasoning given at the time the decision was taken. In the context of Anglo Irish Bank, it was one of the few banks that were bailed out and which no longer exists. It was liquidated so it was not saved. When Mr. Carville says that the money was invested to save the banks, in the context of Anglo Irish Bank who exactly was saved?