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.

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“What did the council decide on item 42?” — answered with the speaker and the moment.