Oireachtas Joint and Select Committees

Thursday, 5 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Does that mean that when, in a court of law, there are convictions against senior financiers for very serious financial crimes, fines should be personally levied against their wealth and-or they should go to jail? Does the professor say that is more a deterrence than the massive fines that we have routinely heard get paid, from the banks, by shareholders to the US Government?

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