Honohan calls for inquiry into Irish banking crisis similar to investigation of 9/11 security failures by the US Congress
Dec 16th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Governor of the Central Bank Dr Patrick Honohan, on Tuesday gave testimony to the Joint Oireachtas Committee on Economic Regulatory Affairs and said the "failures of the Irish banking system have rocked the economy and the public finances, with severe effects impacting almost all members of society." He called for a public inquiry into the causes of the crisis, similar to the investigation of security failures by the US Congress in the aftermath of the 9/11 terrorist attacks in the United States.