Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I take Mr. Hedigan's point. He spoke about the banking crash, banking culture, the tracker mortgage scandal and what he referred to as yesterday's story. Given that the board's raison d'êtreis to effect culture change, we need to understand where the board believes the culture is within the bank at this point. One could be forgiven for suggesting, as Mr. Justice Hedigan did, that the issues are yesterday's story and that the culture is fine. CEOs have appeared before the committee and told us their companies are all people centred, customer focused and so on. If that is the case, what is the point of having a culture board? Is the culture in the banks toxic, as some people have described it, or is it at a level less than that? Where does Mr. Justice Hedigan consider it to be? What is the rationale for the existence of the body if he believes there is not a serious problem with culture within banks?