The Anglo tapes only highlight greedy attitudes at the root of Ireland's failed economic model of the past, the Irish President said.
The people of Ireland were shocked and dismayed that a culture of recklessness emerged in some of their institutions which was not in keeping with their core values, Michael D Higgins added.
He used a community garden party at his Dublin home to reinforce his views of the terrible damage inflicted on society by the self-interest of a speculative economy.
"This week, voices from the past have been heard which serve to highlight behaviours and attitudes at the very root of that failed economic model. They do not make for easy listening," he said.
"But let us be certain of one thing: these are not the voices of the people of Ireland; the attitudes they reveal are not shared by the people of Ireland; the behaviours they reflect are not characteristic of the people of Ireland.
"The people of Ireland, who have borne the brunt of a financial crisis not of their making, are shocked and dismayed that a culture of greed and recklessness emerged in some of our institutions - a culture which was not in keeping with our core values as a nation."
The former Labour Party minister and long-time activist said the Irish people, who are rightly recognised for their fortitude, work ethic and courage, will take the country out of this present crisis.
"The authentic voice, spirit and values of Ireland will be restored and will lead us to what is important - a real economy that provides sustainable employment for all and a just and ethical society that allows all its citizens to fully participate and achieve their life potential," he said.
"Informed foreign opinion will recognise that the real story from Ireland is not the aberrant voices we heard this week but the heroism of its people who are determined, not only to get through this crisis, but to secure a future that is just, prosperous and sustainable."