Sunday 22 October 2017

Dearbhail McDonald: Toxic Anglo Tapes reveal plenty but there is so much we have yet to learn

A man passes graffiti on the hoardings in Dublin
A man passes graffiti on the hoardings in Dublin
Dearbhail McDonald

Dearbhail McDonald

IT was former US Defence Secretary Donald Rumsfeld who introduced us to the garbled world of known knowns; things we know we know, known unknowns and unknown unknowns (the ones we don't know we don't know).

This week's publication of the Anglo Tapes has transported us all into surreal realms of things we thought we knew, things we now know and things we still do not know about the collapse in all but name of the banking sector.

There are three critical issues that we now know following the release by the Irish Independent of telephone conversations between former executives of Anglo Irish Bank, including its ex-CEO David Drumm.

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