Shane Ross (Independent)

Costs must now be cut due to international and global pressures on the banks but the people paying the price are never at the top, as Senator Mansergh rightly said. Two groups will pay the price for the mismanagement and exploitation by the banks over the years. One comprises their hard-working and loyal employees who were taken on board as a result of the banks developing a slush fund, sitting on the top of the Celtic tiger and running a cosy little arrangement between them. However, that arrangement cannot continue because of international pressures and it is the good people working in the banks and customers, the second group, who will pay the price.