Bank execs have a laugh at our expense

Listening to two Anglo Irish Bank execs joke about a 7 billion euro bailout is nauseating, but are we really surprised conversations like this went on? This recording of an internal phone conversation between the head of the bank’s capital markets area and its director of retail banking was uncovered by The Irish Independent. The good stuff starts 2 minutes into the tape. Anglo Irish was liquidated in February 2013.

About vincentryan2013

Editor in chief, Digital Platforms, at CFO Publishing
This entry was posted in Bank balance sheets, Banking, Financial crisis, Regulation, Too Big to Fail. Bookmark the permalink.

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