The good, the bad and the state's bank guarantee scheme

Four years ago last week, the Dáil debated and then endorsed the bank guarantee scheme, which has cost this society at least €64 billion.

6th October, 2012
The good, the bad and the state's bank guarantee scheme
How did Bruton not realise that the banking guarantee almost guaranteed a massive cost to society?

Four years ago last week, the Dáil debated and then endorsed the bank guarantee scheme, which has cost this society at least €64 billion.

The current government is spending a large part of its time trying to persuade our EU partners to help us undo the damage the guarantee did to us.

Yet, back in October 2008, all the major parties - including the Labour Party - accepted the Fianna Fáil-Green Party government...

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