Oireachtas Joint and Select Committees
Tuesday, 10 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
I thank Mr. Carswell. Before I bring in members of the committee I will set some broader scene questions with him. Mr. Carswell's 2006 book entitled Something Rotten: Irish Banking Scandalscovered various scandals at Irish banks dating back to the 1970s up to 2004 and that includes the overcharging scandal at AIB. How would he describe the relationship that existed between the regulatory authorities of Ireland and the banks and also how would he describe the relationship between the banks and the Central Bank during those years up to the crisis?
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