Some years ago the former Governor of the Central Bank, Dr. Ken Whitaker, stood for election to the educational panel of the Seanad and he got what was considered to be a derisory vote. He had been a distinguished Member in 1981 having been appointed by the then Taoiseach, Garret FitzGerald. He was not re-appointed …
Monthly Archive
for: ‘October, 2004’
AIB – A “Sound” Culture?
Nobody believes the AIB has ‘a sound culture’. Speaking to the CEO and Chairman of AIB at the Joint Committee on Finance and the Public Service, I said the public are suspicious of AIB Everybody has seen what has happened to AIB and they know it does not have a sound culture from the evidence …
Is the IFSRA Policing Banks Effectively?
Despite the setting up of the Irish Financial Services Regulatory Authority to examine the activities of the banks, this body appears to be failing to police them properly. Although IFSRA is doing a particularly conscientious job, it is failing to detect more and more excesses by financial institutions. There is something seriously wrong with the …
Aer Lingus In Limbo – Walsh
Willie Walsh, the chief executive of Aer Lingus, appeared before the Oireachtas Joint Committee on Transport yesterday and announced that the so-called investment plan had been withdrawn. This means Aer Lingus is back in limbo, the future of the company is a matter of conjecture and nobody knows about it. It is important because a …