Irish were gripped by greed, says bank boss

Irish boss of a leading Swiss bank has said that Ireland since the beginning of the 2000s was gripped by greed, complacency and materialism.

Michael O’Sullivan, the managing director of Credit Suisse’s private banking division, added that it was vital that Ireland’s future generations learn lessons from the economy.

Mr O’Sullivan was speaking as he delivered a keynote address at University College Cork’s autumn conferrings.

Source and full story: Irish Independent, 1 Nov 2012

Tom Sullivan