Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Professor Honohan, in his report, summarises by saying, "It is clear that a major failure in terms of bank regulation and the maintenance of financial stability failure occurred." As a member of that team, you obviously agreed with the findings of this report. What would you say about the fact that no one resigned, nor was anyone asked to resign, given the strength of that statement?

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