Bust: How the Courts Have Exposed the Rotten Heart of the Irish Economy

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Penguin UK, Sep 23, 2010 - Business & Economics - 272 pages

When, after fifteen years of runaway growth based largely on property speculation, the Irish economy finally crashed, Ireland's bankers and developers tried to keep themselves out of sight. But they couldn't keep themselves out of court - and it is in the courtrooms that the full, sickening drama of the Irish meltdown is being played out.

Dearbhail McDonald, the brilliant legal editor of the Irish Independent, has been following the high-stakes rows through the courts and, drawing upon her unmatched contacts, tells the often bizarre stories behind an extraordinary reversal of fortune. From the man who ran a pyramid scheme in a Dublin suburb to the leading developer whose business now lies in ruins, from the judges to the solicitors to the ordinary mortgage-holders who find themselves on the wrong side of the law, Bust paints a gripping picture of the human drama - and the human cost - of an economic catastrophe.

 

Contents

Prologue
1998
The Rogues
2002
The Strange Case of the GAA Hero and the Fianna Fáil Star
2006
The Glenageary Madoff
The Case of Caroline McCann
The First Domino
Not Too Big to Fail
Nemesis
All Roads Lead to Anglo
Epilogue
Acknowledgements
Index
Copyright

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About the author (2010)

Dearbhail McDonald is legal editor of the Irish Independent. Bust is her first book.

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