Wednesday 18 October 2017

Cronyism is par for the course

ONE summer day in 2008, Taoiseach Brian Cowen played golf with Sean FitzPatrick, then chairman of Anglo Irish Bank, at the upmarket Druids Glen. Then they dined together.

Nothing unusual about contact of this kind between a top politician and a top banker. And nothing unusual about combining business and pleasure. It happens every day.

But not every day is an ordinary day. There were few ordinary days in that fateful year. The date of the Druids Glen meeting was July 28, 2008, and it was preceded and followed by two dates that will go down in the history of the catastrophe that would overwhelm the banking system and the economy at large.

Please sign in or register with for free access to Opinions.

Sign In Comments Facility

INM has taken the decision to remove the commenting facility on its online platform to minimise the legal risk to our business that arises from Ireland's draconian libel awards system.

We continue to look forward to receiving comments through direct email contact or via social media, some of which may still be featured on the website

Don't Miss