Thursday 18 January 2018

Matina Devlin: Behind the banter and bravado, this was an enormous fraud on us all

Matina Devlin

Emigration is at famine levels because Anglo bankers lied. Workers are on the dole because Anglo bankers lied. Homeowners can't pay their mortgages because Anglo bankers lied. Public service cutbacks, especially in health and education, are causing suffering because Anglo bankers lied. And Ireland lost its economic sovereignty because Anglo bankers lied.

Not just recklessness, but deception on the part of bankers protecting their broken bank – and their own skins by extension – brought Ireland to the verge of ruin.

An independent republic was reduced to a satellite state by the world's worst bank – and citizens are still picking their way around the crater left behind after Anglo crashed and burned.

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