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CENTRAL BANK GOVERNOR Patrick Honohan faced the Oireachtas Finance Committee today to give his take on how banks are dealing with the mortgage crisis.
It follows on from the appearance of the top executives from Ireland’s four main banks earlier this month.
Back then TheJournal.ie gave you 8 moments from that week’s ‘grilling’ of the bankers. Today we’ve picked three exchanges between Honohan and politicians we think are worth a watch.
1. “Strategic default is a phoney concept”
First up, Honohan doesn’t buy the words of bank executives that mortgage holders choosing not to keep up payments are in ‘strategic default’.
2. “Do you want us to send them a copy of the Sunday Independent?”
Fine Gael TD Kieran O’Donnell and Governor Patrick Honohan seem to be on vastly different wavelengths. O’Donnell keeps wondering why the Central Bank didn’t pass the Anglo Tapes onto the Gardaí, Honohan seems to forget the simple answer is that the Gardaí already had them.
3. “It’s a giant haystack problem”
Sinn Féin TD Pearse Doherty found it ‘incredible’ that the Central Bank hadn’t listened to rest of Anglo Tapes. Honohan got a little tongue tied explaining why.
(All videos: TheJournalVideo )
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That’s so sad. RIP.
I know that that lady and her husband have spent every waking moment of the last 16 years trying to find their baby boy. It’s a compounded grief now that she is going to her grave not knowing what happened to her beloved son. And somebody out there knows something. Completely devoid of any humanity to allow that to happen.
I don’t know about an afterlife but at times like this I truly hope that there is one and that Nancy is reunited with her baby boy again, forever. RIP x
There is nothing. Nothing. Worse in life than this. Rip dear lady.
That’s very sad, losing a child is the worst nightmare a parent can experience in life.
So so sad, RIP
So terribly sad. I’m sure he was waiting to meet her…..
God love that poor family, they have been through hell. It breaks my heart that lady never found out where her son is. My condolences to her family.
And the terrible thing is someone knows… someone is hiding a terrible secret.. poor lady. Heart goes out to her
That’s is so sad .heart goes out to the family
I hope and believe she is reunited with her darling son tonight.. May God help her family who are grieving tonight for their mam and for Gussie too for all these years.
A lovely lady – rest in peace Nancy. I hope Bob and his family can get some closure in this sad case, somebody out there knows! Please come forward and bring an end to the heartache….
God rest her.i hope herself and gussie are together now.
All our thoughts are with the family , she sounds like one in a million
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