Oireachtas Joint and Select Committees

Thursday, 5 December 2019

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

Central Bank: Discussion

Mr. Ed Sibley:

What I talked about was a previous "Reeling in the Years", which is a programme I am sure the committee is well aware of, which focused on 2007, and I was really struck by the hubris in the comments that were made by bank CEOs in that programme. It was a reference just to beware of hubris. There have been isolated instances, not just in banking, where it seems to be that the memories of the crisis, and how deep it has been and how hurtful it has been for people for Ireland, are starting to fade a little. It was picked up as a relatively gentle reminder to make sure that we should beware of that, and we should make sure that we do remember the costs and damage of the crisis.

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