Siobhan Creaton: Now we know the true cost of following herd
AS he spent months interviewing all of the usual suspects to find out how Ireland's banks went bust you can just imagine Peter Nyberg shaking his head at what the crazy Irish people got up to in the noughties.
Instead of demonising the feckless bankers, the dozy regulators and the pathetic politicians for our problems, he suggests we should all look in the mirror for we were all to blame.
He talks about a "herd mentality" that drove everyone to buy property. He knows all about the couples who bought three apartments in Sunny Beach, Bulgaria. They were part of a herd of "flippers" who borrowed thousands to invest in a sure bet to quickly make some easy money.