Ian Kehoe on Business
The Central Bank is coming under fire for its tracker strategy – or lack of one
Oh, to have been a fly on the wall at the meeting of the Central Bank Commission in November. The commission, which essentially acts as the board of the Central Bank, certainly did not pull its punches when it came to dealing with the bank’s handling of the tracker mortgage debacle.
Management were slow to allocate resources to deal with the problem, with commission members noting that the level of resources devoted to the...
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