It's Time to Wipe the Slate Clean at Aib ; Comment [Eire Region]
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Summary
ONCE AGAIN, a golden opportunity to wipe the slate clean in the Irish banking sector has been missed. The clean-out at the top of AIB is to be welcomed, even if it is long overdue. But appointing two men as the new chairman and new deputy chairman who have been members of the board since 2007 is hardly the clean sweep that might have been expected.
Dan O'Connor and David Pritchard may well be bankers of proven probity and experience; but they - and we, the taxpayers - cannot ignore the uncomfortable fact that, as board members for the past two years, they themselves share in the blame for the bank's current troubles. Troubles that have meant the taxpayer has had to invest E3.5billion to bail them out.See the full content of this document
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It's Time to Wipe the Slate Clean at Aib ; Comment [Eire Region]
Of one thing we can be sure - and that is that Der...
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