Oireachtas Joint and Select Committees

Tuesday, 16 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Discussion

2:00 pm

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

My question is why did the public ownership of large portions of the banking system over this period of time not alter the culture? Why did the culture remain unchanged or largely unchanged and focused on profit? It was because it was a Government decision to continue to run the banks on a for-profit basis. It was not the Minister's Government's decision but it was a Government decision.

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