A nightmare on Merrion Street
Published 11/01/2010 | 05:00
I heard Brian Cowen say: "I want to start by apologising to the people of Ireland for the many failures of my Government over the past 15 months.
"My party's over-involvement with the building industry caused us to deliberately prevent our financial regulator properly controlling the banking industry.
"The builders that have funded my party for many years could only drive profits higher if ordinary people over- borrowed.