Oireachtas Joint and Select Committees

Thursday, 30 November 2023

Public Accounts Committee

Business of Committee

9:30 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

-----the cost of the loss of services, for example. People paid in terms of some of the changes made to their pension entitlements, for example. I get quite annoyed when it is said that we bailed the banks out and that the only banks that really cost us money were Anglo Irish Bank and Irish Nationwide, which IBRC succeeded. The fact that they crashed so spectacularly – the property bubble caused that – led to other economic costs, including a huge amount of additional borrowing. It tends to be inappropriately compartmentalised but there has not-----

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