Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
Yes. Mr. Duffy, you say that you worked for ten years at Goldman Sachs International. Can I ask you was that a good or appropriate training ground, do you think, for being subsequently in the most senior position of a bank that crashed following a property bubble? And, perhaps by way of context, you'll be aware that Goldman Sachs was very heavily criticised in the wake of the crisis in the United States for allegedly speculating heavily on the subprime mortgage situation and crisis and famously or infamously, depending on one's point of view, was described in Rolling Stoneas a "vampire squid ... [with] its blood funnel [jammed] into anything that smells like money".
No comments