Oireachtas Joint and Select Committees

Thursday, 15 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

On page 7 of his report Professor Honohan says that in an important sense the major responsibility lies with the directors and senior management of the banks that got into trouble. It was not part of Professor Honohan's report to examine the role of the banks, but is that his view if he were to have a hierarchy of responsibility for causing the banking crisis?

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