Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
The last question I have for you is in relation to your opening statement, that was made in July 2008, it was to mark the publication of the 2007 annual report, and there's just a bit in it, it says:
While recognising that competitiveness in its broadest sense encompasses a wide range of factors, a realistic approach to wage determination by everyone is nevertheless an essential element in improving competitiveness. I would like to re-emphasise the point that I made earlier that we cannot compensate ourselves for commodity price rises over which we have no control. If we [do] attempt to do so, then we risk repeating the mistakes of the past, from which the economy took so long to recover.
With that in mind, can I ask you how you stand over those comments, and the fact that your own remuneration in 2003 was €290,869, and for the year that that report was released, 2007, it had increased to €368,703, with the addition of a car included-----
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