Matt Cooper on Sean FitzPatrick: The man who broke the bank and never said sorry

Sean FitzPatrick was somebody who made many mistakes – big ones – but they were rarely innocent ones. He was guilty of egregious wrongdoing during his career as a banker, even if he was never convicted in the criminal courts. We all paid the price for his misdeeds.

14th November, 2021
Matt Cooper on Sean FitzPatrick: The man who broke the bank and never said sorry
Sean FitzPatrick avoided prison, but was roundly condemned in the court of public opinion. Picture: PA

Sean FitzPatrick became possibly the best-known banker in the history of the state, and almost certainly the most reviled. He was also the most expensive.

The failure of Anglo Irish Bank – his creation and personal fiefdom – cost the state more than €30 billion in settling its debts, a process that is still ongoing. Other people contributed to the Anglo debacle and deserved blame, and David Drumm as the chief executive who succeeded FitzPatrick...

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