The Bankers How the Banks Brought Ireland to Its Knees

The Bankers How the Banks Brought Ireland to Its Knees by Shane Ross, published by Penguin Books Limited on November 5, 2009, is a detailed examination of the Irish banking collapse. This UK edition spans 304 pages and is presented in English. The book delves into the events leading up to the financial crisis, highlighting the roles played by bankers, developers, regulators, and politicians in a narrative marked by collusion and denial.
Readers will find an in-depth exploration of the factors that contributed to the economic downturn in Ireland, as Shane Ross uncovers the intricate relationships and decisions that led to the crisis. The book features key figures such as bank executives and regulatory officials, providing insight into their actions and the consequences of their policies. With a focus on business and economics, as well as the historical context of the economic conditions, The Bankers offers a comprehensive look at a scandal that continues to impact Ireland’s financial landscape.
Official synopsis Publisher
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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