Overborrowed, over-lent and over a barrel

‘People became overborrowed,” Pat Farrell, chief executive of the Banking Federation, said on Pat Kenny’s new show The Frontline (RTE One).

26th September, 2009

‘People became overborrowed,” Pat Farrell, chief executive of the Banking Federation, said on Pat Kenny’s new show The Frontline (RTE One).

It was one of those distancing phrases that oozes out of the boardrooms of banks, financial institutions and increasingly out of ministerial offices like an anti-bacterial handwash. I wonder if the Irish language has anything to do with it. ‘Do thit seamach’ - literally, ‘it fell out’ - almost neutralises...

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