Brian Cowen (Laois-Offaly, Fianna Fail)

-----and those of the Government. What we were seeking to contend with, as, indeed, was the Federal Reserve and the European Central Bank, was an issue regarding liquidity challenges in the Irish system. That was well known and well documented at the time. Therefore, I do not accept for one moment this idea that Brian Cowen is personally responsible for the collapse of the banking system in Ireland.

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