Oireachtas Joint and Select Committees

Tuesday, 8 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Ulster Bank

4:20 pm

Photo of Peter MathewsPeter Mathews (Dublin South, Independent)
Link to this: Individually | In context | Oireachtas source

The bank created the asset price collapse. It did it by lending money to people and it wishes to collect all the money back, yet the asset price bubble could not have happened without the profligate recklessness of the boards of the bank.