Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-07-Speech-3-048"
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"en.20100407.4.3-048"2
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"Mr President, there is much that I would like to say on this subject but I do not have the time. Therefore I will speak about the moral crisis.
Mr Van Rompuy said that the Council discussed the moral crisis, but he did not elaborate; I would like him to so do.
As an example, in my own country the Anglo-Irish Bank and Irish Nationwide have played financial ping-pong so that auditors could not discover the true state of their finances. What has happened? The CEO of Irish Nationwide has ridden off into the sunset with millions in his back pocket while taxpayers have had their wages reduced dramatically. Two weeks ago the management of the Anglo-Irish Bank got an increase in wages while taxpayers had EUR 40 billion and growing added to their bill over the next number of years.
Unless the perpetrators of these bad deeds are brought to heel, both individually and institutionally, not only will history repeat itself, Mr Van Rompuy, but it will repeat itself in exactly the same way as it occurred in the first place.
I would like him to speak a little about this crisis."@en1
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