Former chairman of AIB Dermot Gleeson, right, arriving at the Banking Inquiry this morning
Dermot Gleeson was chair of AIB from 2003 until 2009. (also a board member of Independent News and Media from 2000 until 2004).
The obvious.
He likes to states it.
From the Banking Inquiry:
Former AIB Chair Dermot Gleeson tells #bankinginquiry AIB lent too much to individual developers & put too much faith in their net worth
— Brian O’Donovan (@BrianODTV3) April 23, 2015
Ex-AIB Chair Dermot Gleeson tells #bankinginquiry that 2007 stress tests at the bank didn’t cater for the scale property crash #TV3News — Brian O’Donovan (@BrianODTV3) April 23, 2015
Ex AIB Chair Dermot Gleeson expresses “sincere regret” for events that led to it being nationalised. — Ciaran Hancock (@CiaranHancock1) April 23, 2015
Ex-AIB Chair Dermot Gleeson tells #bankinginquiry that if a referee (regulator) doesn’t blow the whistle much the more aggressive team wins — Brian O’Donovan (@BrianODTV3) April 23, 2015
Ex-AIB Chair tells #bankinginquiry that AIB didn’t ask for #guarantee & weren’t present for most of the discussions on the night #TV3News — Brian O’Donovan (@BrianODTV3) April 23, 2015
Dermot Gleeson: I was the chairman, the buck stopped with me, I did my level best but it wasn’t enough, I can never get away from that. — Brian O’Donovan (@BrianODTV3) April 23, 2015
Committee of inquiry into banking crisis
Banking inquiry: AIB ‘not aware’ of bank guarantee decision (Irish Times)
(Sam Boal/Photocall Ireland)