Bank Guarantee - One of the most consequential decision taken by then coalition Government

15 Years ago one of the most consequential decisions was taken by the then coalition government led by Brian Cowan.  The Irish State would stand over all Irish banks - no matter how solvent they were.  It would lead to Irish taxpayers taking on the debt of the fully insolvent Anglo-Irish bank and nationalising the entire banking sector.  It also plunged the nation into its deepest-ever recession.We take a look at the Bank Guarantee with Aidan Donnelly from Davys and also Brian Hayes is the chief executive of the BPFI - before that, he was a minister in the FG government from 2011 but at the time of the guarantee was a finance spokesperson for the opposition.