Banking
David Guinane inquiry: A rare glimpse behind the scenes of the tracker mortgage controversy
David Guinane, the former PTSB chief executive, faced the first week of a Central Bank inquiry into his role in the tracker mortgage controversy
On the morning of Tuesday January 13, 2009, Niall O’Grady sat down to join the 8.30am executive committee meeting at the St Stephen’s Green offices of Permanent TSB.
As meetings go, it would turn out to be a momentous one on which a lot rested.
As it neared the close, O’Grady, the bank’s marketing manager, raised an issue which had landed on his desk the previous day about tracker mortgages and how customers’ complaints should ...