Banking Inquiry told It Won’t Learn Anything New

The Banking Inquiry's been told that it's not true to say 'we all partied' during the economic boom.

But the very first expert witness says it's unlikely that the inquiry will learn anything new about the crisis.

Finnish professor Peter Nyberg is continuing his evidence on the first morning of hearings at Leinster House.

But he says several reports have already been written on Ireland's collapse, which had many things in common with those elsewhere.