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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Tue 07 Jul 2008Banks scapegoat the little people

Claims by mortgage lending companies that they are victims ring hollow, writes Quentin Fottrell.

BLAME IT on the little people. That's effectively what happened on Thursday's Prime Time. Reporter Paul Murphy did an undercover sting. He was advised by two Irish Mortgage Corporation staff on how to inflate his salary from €50,000 to €70,000 for a €212,500 mortgage. That is still nearly €100,000 below Ireland's average house price. And yet it was the hapless employees who got blamed.

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