Brian Cowen (Laois-Offaly, Fianna Fail)

He does not agree with State guarantees or even recapitalisation. What credit would have been available to banks if they were not recapitalised? Not alone would credit be a problem, the solvency issue would have been a problem. This is my response to the argument the Deputy is making. In other words, he does not agree with any measure that seeks to correct the issues but he continues to complain about the fact that there are still problems, which we acknowledge and continue to work on.

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