Thursday July 9, 2020

Bank guarantee ‘blew up’ the Irish banking system

The banking inquiry needs to keep political interference at bay, warn British MPs who have already completed their own extensive banking sector probe

1st February, 2015
Mike Garnier, Conservative MP and member of the UK Parliamentary Commission on Banking Standards. Picture: Collins

Week four of the banking inquiry and déjà vu is in full session. Professor Ed Kane of Boston College was in the hot seat on Wednesday and reaffirmed everything that Honohan, Regling, Wright and Nyberg have said already.

What more can Ireland possibly learn? Well quite a lot, according to former members of the UK Parliamentary Commission on Banking Standards. British MPs John Thurso and Mark Garnier spoke to The Sunday Business...

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