- I had posted this in the discussion on tonight's Q&A on RTE but I believe it's worth posting here -
A longtime lurker and non-poster, I'll expect my comments to be taken with a grain of salt, but nevertheless I feel moved to set the record straight.
I know for a fact that not only did McWilliams suggest the guarantee scheme in his article in the SBP, he explicitly advised John Gormley and Brian Lenihan on this course of action going back nearly two weeks. Furthermore, he was consulted by the Government in the days leading up to Monday night's decision including some marathon phone calls from a park-bench in Tianenmen Square, Beijing, where Maccer is flogging The Pope's Children to an even more bewildered nation.
The officials in the Department of Finance are naturally quietly irate. They're briefing all around them because they've been bypassed and rendered redundant. They have been shown to be inflexible, doctrinaire and incapable of lateral or independent thought, opposing the scheme as they did until the 11th hour.
Meanwhile, Lenihan has been praised for his manly resolve and an initiative which may prove his lasting political legacy. The dissenter's creed has finally been found to contain truth and the hierarchy's has finally been found out. No wonder they're running scared. I say set John McGuinness on the lot of them!