The extent of the failure in banking boardrooms and the regulatory system that oversaw them was laid bare by the Nama announcement. There are so many questions still to answer: how could Anglo run up €28billion in bad loans? Why did the other banks decide to chase after Anglo into risky areas of development property?
How could Irish Nationwide Building Society end up with the vast majority of its loans in speculative commercial property?
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team