Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Sean BarrettSean Barrett (Independent)
Link to this: Individually | In context | Oireachtas source

Is there a contradiction between promoting the development of international financial services in Ireland and the important task Mr. Wright just described of seeing whether the rest of the banking system in Ireland was sustainable or whether it was on unsustainable paths? In Ireland it is called the "green jersey", that one must keep the image of Ireland high and if that meant ignoring what was happening in banking, that was a price we may have been willing to pay.