Wednesday September 23, 2020

Bruton puts blame on inequality

Income inequality played a role in causing the global financial crisis, according to former taoiseach John Bruton, who is now chairman of IFSC Ireland, the lobby group for the International Financial Services Centre in Dublin.

16th April, 2011
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Income inequality played a role in causing the global financial crisis, according to former taoiseach John Bruton, who is now chairman of IFSC Ireland, the lobby group for the International Financial Services Centre in Dublin.

Bruton told an audience, including many top bankers, that people at the top of the income tree had more money than they knew what to do with. He made the remarks at an IFSC Ireland event highlighting the role of...

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