Fingers
The Man Who Brought Down Irish Nationwide and Cost Us €5.4bn
Seiten
2013
Gill & Macmillan Ltd (Verlag)
978-0-7171-5583-5 (ISBN)
Gill & Macmillan Ltd (Verlag)
978-0-7171-5583-5 (ISBN)
- Titel ist leider vergriffen;
keine Neuauflage - Artikel merken
This book will take readers into the world of Michael Fingleton, providing an insight into the personality, career and power of a man who took a tiny building society from obscurity to profitability and then to ruin.
eBook available
Michael Fingleton was an Irish banking legend, the ultimate big money lender. He took Irish Nationwide Building Society from an obscure mortgage provider to a multi-billion euro property-lending casino, leaving the taxpayer to pick up the tab for €5.4 billion when the society eventually went bust.
Fingleton earned over €2 million per year and built up a pension fund worth €27 million. But it was his loans to a small group of property developers and the way the society was mismanaged, under the nose of the Financial Regulator, that cost Irish citizens so dearly.
In Fingers, Tom Lyons and Richard Curran use previously unpublished material to blow open the failings of the society’s internal systems and controls, its culture and the dominance of one man. They get inside the organisation and bring startling new revelations about how money was really lent out to a small group of developers, how INBS failed, and what the Financial Regulators knew.
Fingers explores
• Fingleton’s connections with politics, the media and the powerful
• how the society wasn’t just a lender but became a player, taking stakes and shares in the profits of the ventures it bankrolled
• how Fingleton quaffed vintage wine in the finest restaurants, stayed in five-star hotels and put it all on the society’s tab
• how ordinary borrowers in arrears were treated ruthlessly, while the mega-rich walked away owing billions to us.
Fingers goes to the heart of the state’s failure to hold anybody to account for the Irish financial crash. It highlights the need for a proper banking inquiry to explain to the public what went wrong, how, and who is to blame.
eBook available
Michael Fingleton was an Irish banking legend, the ultimate big money lender. He took Irish Nationwide Building Society from an obscure mortgage provider to a multi-billion euro property-lending casino, leaving the taxpayer to pick up the tab for €5.4 billion when the society eventually went bust.
Fingleton earned over €2 million per year and built up a pension fund worth €27 million. But it was his loans to a small group of property developers and the way the society was mismanaged, under the nose of the Financial Regulator, that cost Irish citizens so dearly.
In Fingers, Tom Lyons and Richard Curran use previously unpublished material to blow open the failings of the society’s internal systems and controls, its culture and the dominance of one man. They get inside the organisation and bring startling new revelations about how money was really lent out to a small group of developers, how INBS failed, and what the Financial Regulators knew.
Fingers explores
• Fingleton’s connections with politics, the media and the powerful
• how the society wasn’t just a lender but became a player, taking stakes and shares in the profits of the ventures it bankrolled
• how Fingleton quaffed vintage wine in the finest restaurants, stayed in five-star hotels and put it all on the society’s tab
• how ordinary borrowers in arrears were treated ruthlessly, while the mega-rich walked away owing billions to us.
Fingers goes to the heart of the state’s failure to hold anybody to account for the Irish financial crash. It highlights the need for a proper banking inquiry to explain to the public what went wrong, how, and who is to blame.
Tom Lyons is a business journalist with the Sunday Times and co-author of The Fitzpatrick Tapes. Tom lives in Dublin. Richard Curran is a former Deputy Editor of the Sunday Business Post and continues to contribute to it as well as being presenter of Dragons’ Den. Richard lives in Co Donegal. * Sunday Independent *
| Verlagsort | Dublin |
|---|---|
| Sprache | englisch |
| Maße | 152 x 234 mm |
| Gewicht | 504 g |
| Themenwelt | Literatur ► Biografien / Erfahrungsberichte |
| Literatur ► Essays / Feuilleton | |
| Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft | |
| ISBN-10 | 0-7171-5583-8 / 0717155838 |
| ISBN-13 | 978-0-7171-5583-5 / 9780717155835 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
eine Einführung in die Staatsfinanzen
Buch | Hardcover (2024)
Vahlen (Verlag)
CHF 55,70
New Foundations
Buch | Softcover (2022)
Edward Elgar Publishing Ltd (Verlag)
CHF 89,95
and why it doesn't work the way we think it does
Buch | Softcover (2023)
Pan Books (Verlag)
CHF 19,15
