Banking Inquiry week 14: Trichet’s mantra: it’s all in the Lenihan letters
The ECB’s former head blamed the Irish banks for the banking crisis when he took questions from members of the inquiry
It would be utterly wrong to say Jean-Claude Trichet was in denial at his lecture-cum-committee testimony at the Royal Hospital Kilmainham. But he sure was doing a lot of denying.
His line was simple and clear – everything I had to say about Ireland and the bailout I said in the exchange of letters with Brian Lenihan in November 2010. Everything else was just hearsay, or ...