Ian Guider: Appointment of Philip Lane proves bookies don't always get it right

The “smart money” hadn’t given Trinity College economics professor Philip Lane much of a chance

20th October, 2015
6
Markets Editor Ian Guider

It just goes to show that the bookies don’t get it right all the time.

The “smart money” hadn’t given Trinity College economics professor Philip Lane much of a chance of becoming the 11th governor of the Central Bank when up against top civil servant Robert Watt.

The announcement today that Lane pipped the secretary general of the Department

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