We owe Bord Snip boss a great deal

COLM McCARTHY has been reviled in certain quarters in recent weeks, but the public may shortly end up owing the economist a great deal.

If Mr McCarthy hadn’t opened his mouth on Monday, an Oireachtas inquiry into the banks might never have been a prospect.

The Department of Finance doesn’t want one, according to government sources. And the politicians didn’t seem in any particular rush to instigate one.