Late Night Video — The Speechless Banker
A few days ago, there was a press opportunity with ECB representatives, where Irish journalist Vincent Browne wanted to know specifically why the people of Ireland are being asked to live with the debt burden of a defunct bank. This is the kind of questioning many of us would like to see our own journalists perform when standing in front of folks who are taking crazy decisions on our behalf. These questions are fierce, fearless and utterly just. And the banker has nothing to say. This is about 5 minutes long:
Tags: Bailouts, Bamboozled!, Journalism, Late Night Video
If only more journalists were this tenacious. I would like to see any commentary in the Irish press about the answer. Guess it is time to do some research myself.
Well… In fairness, he did say that there was a political decision made by Irish leaders to incur this burden. Of course, this banker (and others) pressed them very hard for that decision.
So the true answer should have been “Irish should pay because we can make them pay.”