Former Anglo CEO David Drumm ‘freaked out’ when dealing with lawyer

David Drumm was "freaked out" when he phoned his bankruptcy lawyer having learned of concerns over unreported cash transactions between him and his wife.

That was according to Stewart Grossman, the lawyer taken on by the former Anglo Irish Bank CEO when he filed for bankruptcy in October 2010.

The Boston lawyer spent the majority of the day in the witness stand prior to giving way to trustee Kathleen Dwyer on the third day of Mr Drumm’s trial, in which the former banker is attempting to discharge himself from bankruptcy and claim a fresh financial start in the US Bankruptcy Court in downtown Boston.