Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Sean Barrett (Independent) | Oireachtas source
The new, ethical and open complex that the professor has described to us sounds most interesting. The "big four" accountancy firms dominate accounting at the banks. With regulatory capture, the way regulatory institutions are set up and even finding that one bank gave €41 million in loans to its own directors, how does one promote the much better system described by the professor? How can one extend it into areas so we never get a recurrence?
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