Banking Inquiry: ‘Bankers are the main culprits for economic chaos’

Former Taoiseach Brian Cowen, who presided over the country’s slide into economic chaos, has blamed bankers as the main culprits.

In his first lengthy response to the crash, he defended his Fianna Fáil-led government which “worked tirelessly to do its duty in the most difficult circumstances”.

However, while he vowed not to “pass the buck” and to accept responsibility for his role as leader of the country during the tumultuous period, he pointed the finger squarely at Irish lenders.