Former taoiseach and minister for finance Brian Cowen returned to the Oireachtas banking inquiry at Leinster House yesterday to defend his role in gov(...)

“If Cowen had been alive to the threat of the financial crisis that was brewing from mid 2007, his government would have had more options in September 2008 when formulating a response.” Photograph: Cyril Byrne 6:13

Brian Cowen’s appearance at the Oireachtas banking inquiry last week had many politicians and media in Leinster House purring about his intellect and (...)

Former minister for finance Brian Lenihan preferred nationalisation over blanket guarantee, according to former secretary general of the Department of Finance David Doyle.

Legislation to nationalise Anglo Irish Bank and Irish Nationwide was ready to be used on the night of the bank guarantee, the banking inquiry has bee(...)

Brian Patterson, former chairman of the Financial Regulator: said they did not see the enormity of the risks being taken by the banks. Photograph: Mac Innes Photography

Another day, another seven hours of detailed testimony at the Oireachtas banking inquiry. Liam O’Reilly, a former chief executive of the Financial Reg(...)

‘Patrick Neary never saw it as his role to be intrusive. Rather, he placed far too much trust in the banks.’ Photograph: Dara Mac Donaill

He’s sorry for how things turned out but it really wasn’t his fault. In a nutshell, that’s what Patrick Neary’s nine-hour appearance at the Oireach(...)

John Hurley: made clear to the inquiry he thought the government’s decision to separate out financial regulation more than a decade ago was a “mistake”. Photograph: Cyril Byrne

He’s no Floyd Mayweather but former Central Bank of Ireland governor John Hurley can bob and weave with the best of them. Several times yesterday memb(...)

Former Central Bank governor John Hurley appearing at the Oireachtas banking inquiry on Thursday.

The European Central Bank (ECB) told the Republic it must stand with its failing banks, the banking inquiry heard.Former Central Bank governor John Hu(...)

John Hurley appearing at the Oireachtas banking inquiry on Thursday.  John Hurley at the Oireachtas banking inquiry on Thursday.

Liquidating one of the Irish banks was “not an option” on the night of the bank guarantee in September 29th 2008, the former Central Bank of Ireland g(...)

John Hurley appearing at the Oireachtas banking inquiry on Thursday.  John Hurley at the Oireachtas banking inquiry on Thursday.

The European Central Bank told Ireland it must stand with its failing banks, the banking inquiry heard today. Former Central Bank governor John Hurley(...)

Richard Burrows, who was Bank of Ireland chairman in 2008, outlined in  detail yesterday the events of September 29th. Photograph: Cyril Byrne

The night of September 29th, 2008, will be forever be etched in the history of the Republic, with the then government issuing a systemic guarantee th(...)