is still amazes me how the nation's media (and trade unions) seems to be focusing its energy into allocating the blame of the nations Financial system squarely at the feet of the bankers.
Yes some bankers were rogues, yes some bankers were extremely well paid, yes some laws of corporate governance may have been broken but surely the finger should be pointing at those who are charged with monitoring & regulating the Financial Industry.
How the financial regulator can be allowed to resign and then given such an obscene payoff for quite clearly not doing his job is beyond me.
we can hark on all day about naughty bankers and their obscene salaries and rightly so but focus should be on how a financial system allowed such activities occur and bringing in measures to ensure the national financial system will never be so poorly regulated again.
remember it was over 2 years ago when the Irish Financial System was branded 'the wild west' for its lax regulations.
Finally, i am not a banker (in case anyone thinks i'm trying to stand up for them!)
Yes some bankers were rogues, yes some bankers were extremely well paid, yes some laws of corporate governance may have been broken but surely the finger should be pointing at those who are charged with monitoring & regulating the Financial Industry.
How the financial regulator can be allowed to resign and then given such an obscene payoff for quite clearly not doing his job is beyond me.
we can hark on all day about naughty bankers and their obscene salaries and rightly so but focus should be on how a financial system allowed such activities occur and bringing in measures to ensure the national financial system will never be so poorly regulated again.
remember it was over 2 years ago when the Irish Financial System was branded 'the wild west' for its lax regulations.
Finally, i am not a banker (in case anyone thinks i'm trying to stand up for them!)