Banking inquiry is just a political blame game
It would be a far better exercise to find ways of making sure the crisis doesn't happen again.
Published 22/06/2014 | 02:30
READERS of a certain age will remember that the BBC used to have a light-hearted programme called That's Life! hosted by a likable woman called Esther Rantzen.
That's Life! had many faults but its saving grace was that it did not take itself too seriously. Amid features on talented cats and the like, Rantzen ran effective campaigns on anything from personal finance issues to seat belts for children – and got the law changed as a result.
It was just the sort of programme that, had it been made in Ireland, would have casually revealed what was happening when banks were colluding with customers to avoid paying DIRT tax back in the 1980s and 1990s.