Former Irish Nationwide chief executive Michael Fingleton has insisted he “paid a personal price” for the impact of the economic crash, despite receiving a €1m bonus in 2007 and walking away in 2009 with a massive €27.6m pension pot.
Thu, 03 Sep, 2015
Former Libyan dictator Muammar Gaddafi met Irish government officials in late 2010 about a potential €1.4bn Bank of Ireland investment — but pulled out because he did not feel “comfortable” with our control of the financial crisis.
Thu, 16 Jul, 2015
The Central Bank has for the first time used special powers to launch an inquiry into the former Irish Nationwide and a number of unnamed managers connected with the former building society which could result in the regulator levying personal fines of up to €500,000.
Sat, 11 Jul, 2015
A state body specifically tasked with giving technical financial advice to the Government was locked out of discussions with ministers on the night of the bank guarantee, and had just “90 seconds” to raise concerns.
Thu, 23 Apr, 2015
A report on the health of the Irish banking system — commissioned by the financial regulator in 2008 and relied upon by taoiseach Brian Cowen to justify the bank guarantee — drastically underestimated the extent of losses that would be made.
Mon, 16 Mar, 2015
The Government should have nationalised Anglo Irish Bank and Irish Nationwide in September 2008, replaced the management teams, and put in place a much more limited guarantee for the two banks, Central Bank governor Patrick Honohan has told the Oireachtas banking inquiry.
Sat, 14 Feb, 2015