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Wed 04 Apr 2011Culpability for collapse extended to politicians, media and investors
PRESS CONFERENCE:THE FINNISH financial expert Peter Nyberg has said that the Irish banking crisis was systemic and that culpability extended across all areas of society including the banks, the financial regulator, the Central Bank, Government, politicians, media and investors.
Mr Nyberg, who yesterday published the report of his investigation into the causes of the banking crisis, said the systemic nature meant it was very difficult to pinpoint any one institution or decision-maker for blame.
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