Bank guarantee ‘blew up’ the Irish banking system

Bank guarantee ‘blew up’ the Irish banking system View Gallery
Mike Garnier, Conservative MP and member of the UK Parliamentary Commission on Banking Standards. Picture: Collins

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

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.

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