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November 18, 2020 at 3:03 pm #7300Laura BurreseGuest
by David Murphy, Martina Devlin
- Publisher: Hachette Books Ireland
- ISBN: 9780340994825 (0340994827)
- Format: paperback, 320 pages
- Author: David Murphy, Martina Devlin
- Language: english
- Release date: May 22, 2009
About The Book
The phrase Banksters is resurrected as David Murphy and Martina Devlin describe the shocking story of how the Irish banking system was brought to its knees by a corrupt elite driven by profit and greed.Banksters examines the events which triggered the near collapse of Ireland’s banking system, when it unfolded that a privileged ‘golden circle’, caught up in a frenzy of greed and opportunism, had gambled and lost with the deposits and pensions of the Irish people.It charts how an unprecedented orgy of over-borrowing — fuelled by bankers who threw out the rule book on lending and reckless tax breaks from cavalier politicians — caused a massively over-inflated property bubble. Banksters is a hard-hitting read that, were it fiction, might not be believed. In describing the key players, their motivations, personalities and lavish lifestyles it poses the all-important questions: who is answerable — and will all the culprits be called to account?
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