Could well do IMO, Swanny has set it up so that if the banks fail the taxpayer will be on the hook. pretty dumb really because it means no risk for the banks there fore they can be reckless with their lending.
Max does an excellent show on Ireland where similar happened, leaving every man woman and child in debt to the tune of 180,000 euro. Please watch.
part 1 http://www.youtube.com/watch?v=A5zXU1bQ3tQ&feature=related
part 2 http://www.youtube.com/watch?v=F59Z8u8KuTE&feature=related
