Oireachtas Joint and Select Committees

Wednesday, 17 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

3:25 am

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael)
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On a direct quote from Mr. Nyberg on that day, he said in the interview that those tapes gave "a very lively and unpleasant feeling for the kind of hubristic company culture that existed in Anglo at the time". I would like him to expand on what he meant by the "hubristic company culture". To the ordinary person in the street, I think "hubristic company culture" might be termed as being arrogant. Is that what Mr. Nyberg meant?