Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

In one of the studies, which has been relied on for contributions here, entitled From boom to bust, which was produced by respected academics in Dublin City University, Fahy, O'Brien and Poti, the authors did quite a study with financial journalists and one financial journalist noted that:

Much of the mainstream media seems to me to be very conflicted because of their reliance on real-estate and recruitment advertising. That doesn't mean reporters consciously avoid writing bad news stories, but it's hard to run against the tide when everyone is getting rich.

Does Mr. Vaughan recognise that as an influence?

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