Sunday 17 December 2017

Central Bank found napping on the job

While the behaviour of the bank was reprehensible until now we were unaware that the Central Bank had been tipped off years before, that tracker mortgage holders were being mistreated, but inexplicably failed to act
While the behaviour of the bank was reprehensible until now we were unaware that the Central Bank had been tipped off years before, that tracker mortgage holders were being mistreated, but inexplicably failed to act
Editorial

Editorial

The thing about misery is that there is too much of it for everybody, unlike money which is finite and carefully protected. It is deemed so precious that we employ watchdogs to keep an eye on it. But what happens when they fail to bark or, even worse, bite when they get a warning?

Things can get very bad indeed. People can be thrown out of their homes through no fault of their own.

We know that it was Permanent TSB that "deeply regrettably" overcharged people and was responsible for wrongdoing, and as a consequence the roof was unjustly taken from over people's heads.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Promoted Links

Today's news headlines, directly to your inbox every morning.

Don't Miss