Honohan not on the money re bank capitalisation

Well done to the Irish Examiner for making Professor Morgan Kelly’s latest warning its front-page lead (Irish Examiner, 10/3/14), the only national daily to do so.

Mario Draghi, Jim Power, Alan Dukes, Cliff Taylor, etc, all agree that Irish banks will need more capital.

Central Bank Governor Patrick Honohan has dismissed the warning.