Cast your mind back four or five years, to when the full extent of our banking collapse became apparent. In particular, look at that fateful night in September 2008, when [...]
No Losses Imposed On Senior Bondholders of Zombie Banks
Oh God. It’s just depressing, and I apologise most sincerely for banging away at this, but someone has to do it. Professor Patrick Honohan, Governor of the Central Bank, is [...]
A Tale of Two Seáns — Quinn Gives Radio Interview
I met Seán Quinn once, and I found him an amiable, approachable sort of fellow with a good line in self-deprecatory wit. He wasn’t slow to admit his own role [...]
Sean Fitzpatrick Arrested
Seanie Fitz must be getting used to having his collar felt. How many times is that he’s been arrested? Two? Three, Four? I’m losing count. Don’t get me wrong now. [...]
Quinns Jailed — A Fistful of Euros
It’s hard to beat Country ‘n’ Western billionaires for entertainment, and it doesn’t get more C ‘n’ W than Fermanagh, home place of Seán and Peter Quinn, but the Deliverance [...]
Burning the Bank Bondholders. ECB Changes Position.
Hands up all those who said you can’t burn senior bondholders. Anyone? No? You’re all very quiet over there. When even the Financial Times was saying Ireland should impose burden-sharing [...]
Irish Fiscal Madness for Dummies
I’d like to introduce the latest member of the Bock Collective. Brian Lucey is Professor of Finance at the School of Business, Trinity College Dublin, which means he knows a lot more than [...]
Making Sense of Anglo Debt, Promissory Notes and Burning Money in the Central Bank
For years, I thought my bank had a stock of anti-money in its vaults, and when my few shillings came into contact with the stuff, they were instantly annihilated. They [...]
Investigating Anglo-Irish Bank
If you were in charge of a criminal investigation into the collapse of a bank, how many people would you put on the job? Hmm. Now there’s a tough one. [...]
IMF Warns of Global Economic Collapse Due To Euro Crisis
The IMF is now saying that small countries shouldn’t be rescuing the European banking system on their own and that the EU as a whole should step in to deal [...]









