Wednesday 17 October 2018

Shane Ross: Paddy confronts banker cabal

LAST Thursday, Patrick Honohan laid claim to be Brian Lenihan's proudest legacy.

The Central Bank governor stabbed his new Fine Gael/ Labour masters in the back at a conference in Dublin. At the same time, he delivered an uppercut to Ireland's bankers.

His outburst of independence was true to form. Honohan is happy to lash out at any body obstructing economic recovery. Almost a year ago, he had rebuked his patrons -- the late Brian Lenihan and Taoiseach Brian Cowen -- for allowing their Cabinet colleagues to peddle porkies by denying rumours of talks with the IMF. Patrick spilled the beans when he chose RTE's Morning Ireland flagship programme to tell the nation that the IMF's Ajai Chopra was already packing his suitcase for a swoop on Dublin.

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