Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

You said in your speech in October 2004 to the Institute of Bankers that Mr. Gordon circulated from Permanent TSB that:

Mr. Went [said] that he was increasingly concerned at the level of criticism being made about the banking sector in Ireland. He said, "My concern is that after a period of pretty relentless criticism, we’re coming closer to a tipping point where the cumulative effect could begin to influence the attitude of international institutions towards the sector."

Weren’t the problems the people at the dinner not the critics outside? Irish banking was brought to the present state by the people who ... at the Institute of Bankers dinner that you were addressing on that night.

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