Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael McGrath (Cork South Central, Fianna Fail)
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Professor Hardiman is very welcome. I thank her for her time. Could she clarify a reference in page 31 of the paper she wrote in 2012 with Professor Clarke? It states: "Career mobility between the boards of the Central Bank and the commercial banks was not uncommon, and indeed directors of both AIB and Bank of Ireland held simultaneous appointments on the board of the Central Bank". Could she clarify what she is referring to without naming any individuals?