Pearse Doherty (Donegal South West, Sinn Fein)
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266. To ask the Minister for Finance if he will confirm that Anglo Irish Bank sought as a solution to its difficulties on 29 and 30 September 2008, the provision of short term liquidity support; and if he will explain the reason an alternative to a blanket guarantee, if proposed, was ruled out. [34780/13]

Michael Noonan (Limerick City, Fine Gael)
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I am advised that Anglo Irish Bank would have discussed a number of funding options with the authorities during September 2008. For more detail as to why the ultimate option of a blanket guarantee was adopted, I understand that my predecessor as Minister for Finance gave a detailed account of the lead up to the Government decision to introduce a bank guarantee to the Joint Committee on Finance and the Public Service on 26th February 2009. This transcript is available on the Oireachtas website and the Minister was thanked by Deputies from all parties for the full and frank account he gave to the Committee at that time.

In addition, Department of Finance officials gave extensive testimony to the Public Accounts Committee on 22nd July 2010 setting out information prepared during 2008 that related to the Bank Guarantee. The Public Accounts Committee published documents obtained from the Department of Finance. These documents included a presentation by Anglo Irish Bank to the Department in September 2008. These documents are available at: