Oireachtas Joint and Select Committees
Thursday, 26 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Professor Edward Kane, who came before us previously, has indicated:
A government’s willingness to rescue different firms lies on a continuum and is influenced by several variables. In particular, a firm’s access to political elites grows with its interconnectedness, geographic footprint, and the number of employees and creditors that can be persuaded to contribute on its behalf to re-election campaigns.
He was making a statement about the American situation.
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