Anglo Republic: Inside the bank that broke Ireland

As late as 2006, Anglo Irish Bank was a darling of the markets,- internationally recognized as one of the fastest growing financial- institutions in the world. By 2008, it was bust. The Irish governments- hopeless attempts to save Anglo have led the state to ruin - culminating- in a punitive IMF bailout in late 2010 and threatening the future of- the euro and the stability of the global economy. Now, for the- first time, the full story of the Anglo disaster is being told - by the- journalist who has led the way in coverage of the bank and its many- secrets. Drawing on his unmatched sources in and around Anglo, Simon- Carswell of the Irish Times shows how the business model that- brought Anglo twenty years of spectacular growth was also at the heart- of its - and Irelands - downfall. He paints a vivid and disturbing- picture of life inside Anglo - the credit committee meetings, the- lightning-quick negotiations with property developers, the culture of- lavish entertainment for politicians and regulators - and of the men who- presided over its dizzying rise and fall: Sean FitzPatrick, David- Drumm, Tiarnan OMahoney and many others. This is not only the first- full account of the Anglo disaster; it will also be the definitive one.