The Great Irish Sell Off: Ian Kehoe on Ireland's vulture funds legacy
In the wake of his documentary on vulture funds, broadcast last night, read Ian Kehoe on a legacy Ireland will still be dealing with in 20 years' time
People always make money in times of crisis. Some of the world’s most lasting fortunes have been accrued during recessions, depressions and even wars. It is just the way of things. We have seen it again in recent years in Ireland.
Just as international hedge funds profited by shorting our banks as the crisis escalated, a small number of global investment titans will, without doubt, make colossal fortunes acquiring distressed assets from those ...
