Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. In page 3 of your statement you succinctly put it in terms of what is crisis management and what needs to be done, and we have heard this from other witnesses, what is at the core of it, from other witnesses who appeared before ... or at least a witness who has appeared before this inquiry. And you say: "For effective crisis management it is important to recognize past mistakes, identify and allocate losses quickly and equitably, and move on." Now, many would say that the losses weren't allocated equitably. They were allocated on the shoulders of taxpayers. You talked about heroes of those that implemented the programme. I meet heroes every day. I meet parents who care for children with special needs, with less resources. I meet people working in the public sector - they're trying to care for individuals.

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