The year‑end loan jump that toppled a banking titan
A bank chairman moves €87 million off the books with a year‑end loan trick-what happens when the system refuses to look?
The year‑end loan jump that toppled a banking titan
In this episode, we lay out the sequence of repeated year‑end transfers and the institutional context that allowed them to persist. What did a routine calendar, one phone call, and auditors' blind spots add up to - and how did that pace a national crisis?
Person: Seán FitzPatrick
Institution: Anglo Irish Bank
Counterparty: Irish Nationwide Building Society
Amount: €87,000,000
Period: eight consecutive years ending Sept 30…
The skinny
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