Defending Irish Banks

July 11th, 2008 · No Comments

Well - I never thought I’d say this but I was glad to see someone defend Irish banks yesterday. Because John Hurley of the Central Bank did so without the usual lashing out that generally accompanies such statements - the wild, defensive, emotional lashing out being the things that (far more than any analyst report or newspaper column) scares the bejaysus out of international investors. Only people who are seriously disturbed by what they think is on the horizon suggest, for example, that critics “kill themselves”. Grownups take a hard look at what’s in front of them and go from there.

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Tags: Business · Ireland · economics

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