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Who wants to be a 25 billionaire?*
Read more about: Economy 
Answer these simple questions and you too can understand how to have 25 billion to your name — in debt*. To make it even easier, we’ve indicated where in the banking inquiry scoping reports hints are to be found.
Who, through powers given by the Oireachtas, sits at the apex of the Irish system of financial regulation?
Honohan p36
Why did public spending, even by the lax standards of the late Tiger years, go through the roof in 2007 and 2008? Especially 2007.
Honohan p30, Regling p26
Who killed the financial regulator’s proposal for bank Directors’ Compliance Statements?
Honohan p51
Who, if anyone, in the department of finance was shown the results of the 5 by 5 developer exposures assessment of December 2007?
Honohan p70
Followup question: were the results of this assessment seen by the Domestic Standing Group?
Honohan p115
What was the position of the department of finance (which sat on the Central Bank board) on the 2007 Financial Stability Report which directly disputed Morgan Kelly’s warning of that year that the Irish property market was headed for an almighty crash?
Honohan p84
Why in late September 2008 was subordinated debt added to the options paper for the bank guarantee scheme?
Honohan p118 footnote 144
Should the governor of the Central Bank have been replaced given the gravity of the crisis due to grounds of ill-health in summer 2008?
Honohan p119
Who ultimately endorsed the view that no Irish bank should be allowed to fail, bearing in mind the huge commitment of resources this strategy was going to involve? Who specifically proposed that this should be policy?
Honohan p119, p135
Who took the final decision not to use Emergency Lending Assistance to buy further time for the Irish banking system or as a supporting mechanism for other banks following a closing of Anglo? Note, by analogy with the UK case, the ELA decision ultimately fell to the department of finance, which would have had to give the Central Bank a guarantee.
Honohan p122, 131
Does social partnership share part of the blame for the Irish fiscal crisis?
Regling p27
Was banking data available in real time that warned of an unsustainable boom?
Regling p29-33
Who was making “competitiveness” arguments against tougher regulation of Irish banks?
Honohan 109, Regling p39
Congratulations. Your promissory note is in the post. To the dead banks.
Civil servants never never rock boats.
Neary was a patsy.
Ditto all the rest of the financial overseers.
Ahern & Cowan were two loose cannons-or rather loose school kids- who found themselves in a gigantic candy store.
Goodies (cash) were arriving there faster than they or their circle of friends could pocket,or devour them.
They all gorged themselves, and still had enough left over to buy the electorate-three times in a row.
Their pals had so much candy that they started exporting their own surplus candy all over the world.
Then the sugar crop failed and everybody was ruined.