Former Bank of Ireland Chief Executive Michael Soden appeared on last night's Vincent Brown in an attempt to defend both the National Asset Management Agency (NAMA) and the purchase by Brian Lenihan of €54bn worth of toxic loans.
Naturally, it was always going to be a tough night for Mr Soden as the general public are far from impressed at not only being asked to bail out this country's banks but also to pay €7bn over the odds at the current market value.
However, it was not the inns and outs of the deal that caught my attention in the end but rather Mr Soden's comment, in response to anti-NAMA protestor Rita Fagan, that society should not be carrying the burden of single mothers.
Hear hear Mr Soden! Sure wasn't it the single mothers of Ireland who became consumed with greed and engaged in reckless lending practices in order to generate massive profits for a privileged minority? And those same single mothers are naturally responsible for bankrupting future generations, plunging Ireland into an unprecedented recession, and then asking for a hand-out from the same taxpayers that they previously showed utter contempt towards.
No Mr Soden, it was the bankers! So I think it is the presence of greedy, negligent and downright corrupt individuals within the banking system that are the burden Irish society should not have to bear.
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