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Thursday, April 18, 2013

ENCOURAGECHANGE.: Con Horan - Irish, Business - Independent.ie

ENCOURAGECHANGE.: Con Horan - Irish, Business - Independent.ie: " Documents leaked to the Irish Times last year said Horan was aware in 2008 of a €169m loan that Anglo Irish Bank gave Sean Quinn to invest even further in the bank's own shares. That loan is part of the €2.8bn debt the Quinn family still owes.
Central Bank Governor Patrick Honohan's report on the banking crisis pointed to "major failure" of bank regulation as one of its key causes.
Horan was appointed special adviser to incoming Financial Regulator Matthew Elderfield in 2009. He would also be deputy chairman of the Central Bank's Supervisory Risk Committee.
Earlier this year he took a senior job as a "national expert" at the European Banking Authority (EBA), the new body in charge of supervising European financial institutions, based in London.?"

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