January 2016 Archives

My Tweets about Banking Inquiry

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Here are some of my tweets sent 27th-28th January 2016 following publication of the report by the Oireachtas Banking Inquiry:

  • In fairness, members of #bankinginquiry should be thanked for their hard work done under most ridiculous legal & time constraints.
  • Use of words in main #bankinginquiry report: mistake-16 regret-8 fault-4 fraud-1 corrupt-0 prosecut*-0 crime-0 incompeten*-0 blame-0.
  • Much more time was needed by #bankinginquiry for forensic, indepth questioning of key witnesses who got away much too lightly.
  • Ireland had the EU, euro & US Treasury who were afraid of contagion by the balls but #Noonan let go at the cost of €9 bn.
  • Full cost of banking/building disaster was over €100,000,000,000. 'No blame' #bankinginquiry report results in no sanctions.
  • #bankinginquiry could not say "BOO" to anyone. Spineless responses should not be tolerated in future inquiries.
  • #bankinginquiry proves that, in Ireland, gross incompetence & much worse is rewarded by new jobs, fat pensions & forgiven debts.
  • What happened to "moral hazard"? What will stop the banking/building disaster from recurring unless there are clear sanctions?
  • Incompetence of bankers, developers, regulators, mandarins, advisers, politicians & trioka fully exposed by #bankinginquiry.
  • Irish inquiries & commissions are just ways for establishment to bury scandals, incompetence, corruption & bad news.

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