Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Dr. Julien Mercille:

The main two were Morgan Kelly and David McWilliams. There were a few others who were not systematic enough to be analysed. In the case of Morgan Kelly, the story goes that before publishing his first article, it was rejected by a few newspapers and he had to do a bit of work to get it out finally. On “Prime Time”, he was shown on one side of the table and the flak was coming from the other side. Even if Morgan Kelly had been wrong, that would not be the point. At least he tried to do something serious and it turned out he was right.