John Gormley (Dublin South East, Green Party)

They clearly state that mistakes were made. The Taoiseach acknowledged the mistakes and took full responsibility.

The reports also make a number of important statements which have been ignored. The report of the Governor of the Central Bank, Professor Patrick Honohan, states that Anglo Irish Bank was systemically important and the guarantee was necessary. Mr. Regling stated before an Oireachtas committee that the steps the Government has taken since the guarantee have been absolutely necessary and the Government is doing the right thing. Nobody can argue with that.

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