Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

But, Mr. Neary, financial institutions have manifestly betrayed any trust previously which you were well aware of. Mr. Neary, were you a regulator who may have done well in the staid world of Irish banking in the 1950s but were you totally at sea in the cutthroat world of the capitalist financial markets in 2005, for example, whichThe New York Timesdescribed Ireland as the "Wild West of European finance"? Were you out of your depth completely?

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