Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

We are in public session. We will proceed with session three of today's hearings, which is a discussion with two representatives from the Irish Examiner- Mr. Tom Murphy, CEO, and Mr. Tim Vaughan, editor - about the role of the media during the property boom in the lead up to the banking crisis in the period 2002-07 and any changes of approach after the crisis. Mr. Murphy and Mr. Vaughan have specifically been invited to discuss the Irish Examiner's editorial policy on the economy and the property boom, and, separately, their newspaper's business model and sources of revenue, including that from the retail sector, in the period 2002-07.

Mr. Tim Vaughan is a European studies graduate of NIHE Limerick, now the University of Limerick, and has been a journalist for 28 years. He began his career with The Corkman and The Kerrymanbefore being invited to join the Cork Examinerin 1991. Four years later he was promoted to associate editor and in 2001 he was appointed editor of the newspaper. Mr. Tom Murphy is group chief executive of Landmark Media Investments Limited and chief executive of the Irish Examiner, a position he has held since March 2013. From June 2010 to March 2013 he was group chief executive of Thomas Crosbie Holdings Limited, and from October 2002 to June 2010 he was chief executive of the Irish Examiner. Mr. Vaughan and Mr. Murphy are very welcome before the inquiry.

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