Too big to fail, too big to change
The report on Irish banking culture is finally out - but what does it really tell us about the way things are done?
I remember, not long after the economic crisis, having a conversation with a senior figure in the banking sector who had gained a bit of notoriety.
He told me that whenever he was in a taxi and got talking to the driver, he used to pretend he was an accountant, to avoid a confrontation and being blamed for the crash. He would also go to the length of never getting into or out ...
