Tuesday 21 November 2017

Do we have any reason not to trust bankers?

* The treatment of our august banking institutions by the Oireachtas committee does the banks and the important role they play in Irish society a great disservice.

The banks lent money with an almost coercive generosity to people seeking to buy houses, who are now covetously looking to keep them despite not having the ability to repay the largesse received from the banks.

Luckily, our pillar banks exhibited granite-like strength in the face of accusations of "fudging the numbers", one CEO suggesting instead that he wanted to "colour the numbers", which shows an artistry not always associated with institutions.

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