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Wed 12 Dec 2009Governor of Central Bank calls for 9/11-style inquiry into crisis

THE GOVERNOR of the Central Bank, Dr Patrick Honohan, has called for an inquiry into the causes of the banking crisis similar to a US congressional hearing into the 9/11 terrorist attacks on the US.

Speaking at his first appearance before an Oireachtas committee since being appointed governor in September, Dr Honohan said new models of inquiry involving not just politicians but experts such as economists and social scientists should be explored to understand how the crisis occurred.

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