Banking on a soft landing

John Hurley, the former governor of the Central Bank, told the banking inquiry that his organisation was too eager to believe in the prospect of a ‘soft landing’

John Hurley, former governor of the Central Bank, arriving to answer questions at the banking inquiry at Leinster House last week Picture: Photocall
John Hurley, former governor of the Central Bank, arriving to answer questions at the banking inquiry at Leinster House last week Picture: Photocall

For almost two months now, the banking inquiry has been hearing from those who were running Ireland’s financial industry in the run-up to the spectacular crash in 2008.

The chief executives, their chairman, their watchdogs in the auditing world and even their soothsaying economists have spoken. Most, if not all, have issued ...