Oireachtas Joint and Select Committees
Thursday, 20 September 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Credit Union Bill 2012: Discussion (Resumed)
10:45 am
Peter Mathews (Dublin South, Fine Gael) | Oireachtas source
I take the point if that is referenced to the Parma audit. However, we have a banking sector with comprehensive losses of €135 billion in this country. Perhaps there was an element of complacency in the overall prudential reviews and tests carried out over a long period of time - over ten years. I will not particularise professions but, in general, 'Establishment' Ireland got complacent.
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