Blighted by Old Blighty: the London golden circle

Irish Nationwide made a massive play in Britain. Ultimately, it lost. In this extract from their new book, Richard Curran and Tom Lyons look at the financial fiasco in Britain.

24th February, 2013
Fingers: The Man Who Brought Down Irish Nationwide and Cost Us €5.4 Billion.

Michael Fingleton's passion for property investment and lending inevitably took him to England. Many of his clients from rural Ireland had gone to London to work on building sites, and wanted to go back there and buy up the place.

Fingleton was more than ready to write the cheques to fulfil their personal and financial ambitions. At first, he followed Irish developers who wanted to do deals in London in particular. Seán Mulryan, the founder...

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