Oireachtas Joint and Select Committees

Thursday, 5 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Professor William Black:

Yes. That was Clinton and Gore. The Vice President was tasked by the President with being the principal person in reinventing government. It was actually worse than I said. The person who was in day-to-day charge - Bob Stone, who was picked by Vice President Gore - has an autobiography out at the moment. He says he was selected by Vice President Gore at a meeting. They had never met before. At their first meeting, Mr. Stone said one substantive thing to Mr. Gore, which was that he should not waste one second worrying about fraud.

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