Ciarán Lynch (Cork South Central, Labour)
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AA is like that. Recovery is all about 28 days and ten-point programmes.

Can I move that on to the final situation with regard to seat-of-the-pants policy making? Professor Kane has written extensively about banking guarantees and blanket guarantees. Can he cite an example where a guarantee was flawed in its design and where that type of model was used in another jurisdiction repeating the mistake unknowingly or unwittingly?