Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Ms Geraldine Kennedy:

I would say thank God but not because it is the property supplement. I never looked at an advertisement in a newspaper until I became editor. I can tell the Senator that is a fact. Being on the board and everything like that, one became more conscious that a lot of money is needed to run this newspaper and to maintain a standard in quality when other newspapers did not. For example, The Washington Postand all American newspapers now have no correspondence and in Europe they have cut all that down. There is a real retrenchment in newspapers. If I looked at a big property supplement, a big job supplement or any other sort of a supplement I would say, "Great, we are making money".

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