Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

I made it very clear, Deputy, when I was ... in my opening remarks, as to where ... what my position is in relation to this matter. Nothing I say ... I'm not here to pass judgment on anyone else and, hopefully, be harsher on myself than anyone else. But, you know, that quote I gave you from the Nyberg report I agree with: "People in a position to make decisions are, and must be, ultimately responsible for them, regardless of what advice or suggestions they receive." So regardless of what advice, you can't, as an exercise of accountability, pass on that responsibility to anyone else, and I ... as it says, the higher and more influential their position, the greater their responsibility. I'm prepared to live by that principle on these issues.

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