Bankers on trial: the evidence that the jury did not hear
The inside story of a €7.2 billion plot and how three bankers were convicted
On April 16, 2008 Peter Fitzpatrick, finance director of Irish Life and Permanent, met with the governor of the Central Bank John Hurley and Con Horan from the financial regulator’s office to discuss bank funding. It was by no means the first meeting of its kind.
The credit crunch was wreaking havoc on the global financial markets and corporate and customer deposits were drying up. A month earlier, the St Patrick’s Day massacre had taken out...
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