Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

Dr. Byrne also stated "that a culture of deference" between Government elected representatives and State authorities with banks and the property sector was well established by the 1990s. This culture of deference "operated where political parties and individual politicians were especially financially vulnerable". Can that statement not be made about every country in the world that has an open democracy?

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