Brian Cowen (Laois-Offaly, Fianna Fail)

The situation then regarding the other matter is due diligence took place, corporate governance issues arose and a nationalisation subsequently took place. Had nationalisation taken place on the night in question, according to the Honohan report, there would have been no further cost involved in that and one would still have had to give a guarantee because there was still a systemic threat. When all of this is boiled down, it is not the hill of beans the Deputy is trying to make it out to be.

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