Banking Expert Peter Mathews on fixing Ireland's Banking Crisis

I had the opportunity to participate in the audience at last night’s RTE Frontline show with Pat Kenny.

At about 11:58 I point out to Pat how our bankers broke the golden rule of banking by lending out more than they had on deposit.

At about 23:02 I told Pat that until the banks are recapitalised none of the solutions being thrown around can start to work.

I will be getting into the detail of both these statements at tomorrow night’s talk in the RDS, 8pm.

I hope to see you there.