Oireachtas Joint and Select Committees
Wednesday, 16 January 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Matters Relating to the Economy: Discussion with Governor of Central Bank
3:20 pm
Peter Mathews (Dublin South, Fine Gael) | Oireachtas source
I thank the Governor for attending the meeting. Some of the detail I wished to raise has been covered and I do not want to waste time.
The interlocking nature of the financial setup in Ireland is interesting. Three and a half years ago, I suggested there was a €100 billion write-off, or provisioning, problem in the Irish owned banks. I was laughed at. Does the Governor remember a snowy day in the Gresham Hotel, when there was tittering by people who thought I had lost it when I said the problem was of that scale? The Governor said, "Peter has been the scourge of our deliberations" and I said that was not a fair word. Does he remember that?
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