Tuesday 23 May 2017

Shane Ross: Bankers in charge again as Noonan carries their hats and coats

Our timid little pet poodle of a Finance Minister lacks the guts to stand up to the banks

Shane Ross

Are the bankers poised for a return to the glory days? Ireland's disgraced institutions are on the road to rehabilitation. The days of token punishment are ending. Less than five years after the guarantee, bankers are back in the saddle.

The successors to their deposed brethren are on a roll. Never has it been more apparent than in recent weeks exactly where the balance of power lies in the phoney battle between Government and bankers.

Bankers are in the ascendant. Last week Brian O'Donovan of TV3 unearthed some pretty telling correspondence between Michael Noonan and top bankers.

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