The Bankers  How the Banks Brought Ireland to Its Knees Cover

The Bankers: How the Banks Brought Ireland to Its Knees

ISBN/ASIN: 0141044446,9780141044446 | 2010 | English | epub | 304/0 pages | 19.5 Mb
Publisher: Penguin Books Ltd | Author: Shane Ross

As recently as 2007, the Irish economy was still booming and the state coffers overflowing; by the end of 2008, the state faces an unprecedented crisis. The story of the Irish banking collapse is a tawdry tale of collusion, back-scratching and denial among bankers, developers, regulators and politicians. This is the story Shane Ross – independent Senator, long-time champion of citizens against misbehaving corporations, and Journalist of the Year 2009 – tells in "The Bankers", going behind the scenes and the headlines to explain what happened, how it happened and who made it happen. They're all here: Sean FitzPatrick, Michael Fingleton and the other bank bosses; Patrick Neary and his colleagues in Ireland's failed regulatory apparatus; the property developers, whose borrowings ruined the banks, and many of whom are now personally ruined; and the politicians, whose policies helped inflate the property bubble and who have allowed the banks to dictate the terms of their bail-out. Shane Ross knows the stories of these people and what they got up to, and in "The Bankers" he makes sense of a scandal that will haunt Ireland for years to come.

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