Friday 24 November 2017

Gleeson clings to misguided belief his bank was impregnable before crash

Mr Gleeson seems to be resolutely clinging on to the misguided belief that the bank was impregnable, despite what history has taught us
Mr Gleeson seems to be resolutely clinging on to the misguided belief that the bank was impregnable, despite what history has taught us
Ailish O'Hora

Ailish O'Hora

I never thought I’d see the day when a banker would be able to shock me again. The banking crisis and the subsequent economic crash put paid to that possibility, or so I thought.

But just two days into the key evidence phase of the banking inquiry, I had to do a U-turn.

Thanks goes to former AIB chairman Dermot Gleeson, who, okay, is technically not a banker, but who oversaw the board of what was once Ireland’s biggest bank right up to 2009.

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