Tuesday 12 December 2017

Anglo Tapes Clip 8 - Stress

Warning: Very strong language

In this expletive-ridden extract, Anglo Irish Bank chief executive David Drumm is blaming the outside financial crisis for the bank's difficulties.

The clip is an extract from a conversation between Mr Drumm and Director of Capital Markets John Bowe on September 19th, 2008.

The first voice you hear is Mr Drumm.

CLIP 8 - TRANSCRIPT (which appears with the audio).

Drumm: "Yeah and we'll be saying: 'Yeah, because, a stress because HBOS were fucking sold and Lehman's went bust and fucking Bank of America fucking took over Merrill's and other fucking non-normal things happened, you c**t."

Bowe: "Ha ha ha ha ha. (Laughs) Yeah, I know. So anyway."

Drumm: "'What. You're annoying me.

Bowe: "We can't sort everything out.”

Drumm: "This concept of my old thing about ‘we're the fucking only house in the west of Ireland with a dry roof’. Fuck that. You're better off saying: 'Jesus it was horrendous but we did well."

Bowe: "Yeah."

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