Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Mr. Sheehy, Professor Black says that there is a perverse incentive for senior executives to increase the balance sheet because it's linked to their salary and bonuses. The record of AIB, annual reports will show, that your remuneration substantially increased, along with a substantial increase in the balance sheet growth. Was Professor Black correct?

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