Deposit guarantee

The government (that is the taxpayers) bailed out the deposit holders in Anglo

I imagine they would do the same for AIB and BOI
The DGS has always reminded me of a bit of a back up generator solution. Great to know in your mind that if the power goes out you'll be back up and running again at the push of a button or will you?
 
Bank runs are always possible but isn't that part of the risk of running such a business, rather than a con?

The DGS makes sense to me at least at trying to both prevent loss to depositors should the worst happen but also lessen the chances of it getting there by lowering the risk of a run.

I don't think there's any other motive from anyone's perspective.