Banker-bashing would not be tolerated, nor would personal vendettas over the life-changing bank rescues which the country has yet to recover from.
But the case did provide a chance to paint by numbers the picture of life in the lender’s turbulent final months and the punt by business tycoon Seán Quinn, who now admits: “I was a fool.”
— the length of time it took to read the charges to the three accused on the last day of January.
picked to hear the trial — 12 of whom were selected by ballot to deliberate. A first for a criminal case here.
and 800 witness statements available to the jury.
— the debt run up by Quinn in his punt on Anglo’s shares.
— €450m and €169m to the Maple Ten investors and the Quinn family, respectively.
by Anglo to the Quinn Group to cover the CfD losses — €150m in November 2007; €510m the next month; €330m the following March; €151m in May 2008; €547m the next month; and €286m in July 2008.
that sold the unregulated CfDs to Mr Quinn, including investment banks such as Bear Sterns and Lehman Brothers.
— The St Patrick’s Day Massacre, when bank shares in the US and Europe tanked, with Anglo’s value falling a fifth to end up down from a high of more than €17 in mid-2007 to €6.50.
— cost paid by the State to try to rescue Anglo after it was nationalised in January 2009 — €8,095 for every man, woman and child in Ireland.
CourtsAnglo trialAnglo Irish BankSean FitzPatrickwillie mcateerMichael O SullivanGerard GannonMaple Tensean fitzpatrick acquittedPlace: IrelandPlace: USPlace: EuropePerson: Sean QuinnPerson: QuinnEvent: St Patrick’s Day massacreOrganisation: MapleOrganisation: AngloOrganisation: Quinn GroupOrganisation: CfDOrganisation: CFDsOrganisation: Bear SternsOrganisation: Lehman Brothers