Oireachtas Joint and Select Committees

Tuesday, 28 February 2017

Committee on Budgetary Oversight

Report on the Revised Macroeconomic Indicators: Discussion

4:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I was shocked to hear that Peter had passed away. Obviously, the most important thing is to pass on our sympathies and condolences to his wife and family. Peter was somebody who was incredibly passionate about his particular area of interest, which was the whole area of banking. He had a passionate belief that the way in which we dealt with the financial crisis, given the responsibility of the banking sector and, for that matter, the regulators, was not the way we should have dealt with it. He was relentless, frankly, in his pursuit of those arguments. We have to give him great credit because it was motivated by a genuine belief. While there were some issues on which I would have disagreed with him quite profoundly, there were some, particularly in that area, where he did illuminate our understanding significantly. His dedication was extremely impressive. I remember him travelling with us to meet the finance committee of the Bundestag to make the case that the treatment of Ireland was despicable and mistaken, as he saw it, and he put a very persuasive and passionate case on that. It is a significant loss. All we can do is pay tribute to the man and the efforts he made while he was still here.

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