RTÉ News: Govt advised not to introduce bank guarantee
Neary was the guy with all the powers... permission to request pretty much anything from the banks, do audits, investigations - set standardsFormer Financial Regulator Patrick Neary is reported to have informed Mr Cowen that Anglo Irish bank was in good health three days before the Government moved to rescue it.
Mr Neary is quoted in a report in today's Irish Independent as having told Mr Cowen in September 2008 that Anglo Irish Bank was not insolvent.
He is also reported to have said that the bank had enough assets to cover its debts
Mr Neary made a similar statement about Irish Nationwide at the meeting.
He had hundreds of staff
The Financial Regulator was paid to watch our backs
What do people here think of him now ?