Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector in Ireland (Resumed): Ulster Bank
2:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
What I am trying to establish, and this is probably the perception, is that the banks are unloading the cost of their own mistakes onto the variable mortgage holder, therefore, the cost is greater here because we have been through this crisis, which was largely not of the making of the people with the mortgages but of the financial institutions.
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