How reality got lost in the herd

The toothless and unsatisfying Nyberg Report was quick to blame society at large, but failed to provide analysis of the political decisions that helped to bring the economy down

23rd April, 2011
How reality got lost in the herd
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The Nyberg Report into how and why Irish banks collapsed has debunked several myths that had been doing the rounds for some time. Peter Nyberg uses the strongest possible language to outline the extent of the failures of the bankers, bank boards and the regulatory authorities.

Yet the absence of names in the report is its biggest single drawback. Everyone in Ireland knows who he was talking about, but the decision not to name names...

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