Liam O’Reilly, former CEO, Irish Financial Services Regulatory Authority at the Banking Inquiry this morning
Former Regulator Liam O’Reilly tells #bankinginquiry when he left office in 2006 there was an “iceberg I didn’t see at the time” #TV3News
— Brian O’Donovan (@BrianODTV3) June 11, 2015
Watch the Banking Inquiry live here
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Every witness so far has amnesia
How so? Every other regulator seems to have not seen it? The U.S., UK had similar? None of the Irish public saw it? Rather then a witch hunt we should probably try to figure out (without resorting to conspiracy theories) the human failures that led to the last crash and understand there will be a future crash (for a different reason) and how we can reduce the impact….
….that’d be fine if the banks weren’t insisting on stopping or diluting new regulations. And I dont just mean this tiny island, I mean the big banks on the global markets.
Yes it was spotted by one employee of Central Bank, will they be called