Banking inquiry is now a hostage to itself

The banking inquiry is certainly expecting some fireworks when it begins to question the bankers, policy makers and regulators next month, as part of its Nexus phase. The inquiry is beefing up security, installing cameras and implementing new protoco

22nd March, 2015

It remains unclear if the testimony of witnesses will live up to the hype. So far, the inquiry has been a damp squib, devoid of any drama, revelation or fresh insight. The inquiry has heard from an array of impressive individuals from the worlds of academia, economics and financial regulation, all of whom have merely restated long held public views about what went wrong within Ireland’s banks.

In many cases, the inquiry has...

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