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Fri 02 Feb 2010Institutions at fault to be named in first banking inquiry

THE FIRST inquiry into the Irish banking crisis will name institutions that may have been at fault, but will stop short of blaming individuals.

An Oireachtas committee heard yesterday that the preliminary inquiry, led by German economics expert Klaus Regling, would begin next week. Mr Regling said he would examine the “root causes” of the banking collapse and report to Minister for Finance, Brian Lenihan, before the end of May.

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