Paul Murphy (Dublin South West, Solidarity) | Oireachtas source

Victims are quite clear on their understanding. I met a guy yesterday who thankfully did not lose his home or anything like that but estimates his family is down about €60,000. He is based in Kildare. He was very clear he believed it was a conscious decision by the banks and that it was the culture within the banks to do this to people to maximise their profits. That is, effectively, a similar thing to what Governor Lane is saying. What the Minister said earlier about a potential tension between the perceived responsibilities of public interest directors, their responsibilities to the banks and the public interest was illustrative because for some reason banking interest is not identical to public interest. It is separate. Banking interest exists to maximise their profit. That is their drive and that is where their culture comes from.