Eamon Quinn: Like other Irish financial scandals, Davy crisis appears to be blowing over       

Finance committee chairman says we need answers from the stockbroker — but it looks like there will be few consequences

Oireachtas finance committee chair, John McGuinness, said Davy, Bank of Ireland, and the Central Bank still have questions to answer. File picture: Leah Farrell

Scandals in Ireland involving financial firms take on a familiar shape: First the outcry when misconduct or wrongdoing is exposed, and then the consequences that amount to very little. 

Before the financial crash, AIB weathered letting unsupervised rogue trader John Rusnak lose it $691m, while, around 20 years ago, Goodbody was allowed by its then owner AIB to questionably trade in AIB shares and hide the dealings in offshore financial centres, far away from scrutiny.