Oireachtas Joint and Select Committees

Wednesday, 29 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Because wouldn't the cost base have been much lower, almost, as you say, a financial introductory service of new teachers to existing teachers and guards and so on? I mean, we have some executive pay of €700,000 a year, somebody getting €1.87 million departure money and so on. I mean, did the EBS lose the run of itself in that ... in the model it was adopting compared to its traditional one?

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