Prudent to stay patient and hear Drumm out
David Drumm is today expected to tell a US Court that he now waiving his right to oppose extradition back to Ireland. Mr Drumm now asserts that he is not a fugitive and argues that he is a victim of media vilification and government conspiracy.
The former Anglo Irish Bank boss is correct in his assertion that he alone did not cause the collapse of the Irish economy from 2008 onwards. But let's not forget that the banking collapse was an important subset of the national economic collapse, and that Anglo Irish Bank was by far the most problematic of all the banks, ultimately costing the taxpayer €29bn.
Many ordinary working people will find Mr Drumm's donning of the mantle of victimhood a bit hard to take. They will also weigh up his belated decision to voluntarily return against his current detention in the USA in difficult conditions.