Home ⋅ Published Books ⋅ Fingers: The Man Who Brought Down Irish Nationwide and Cost Us €5.4bn

Fingers: The Man Who Brought Down Irish Nationwide and Cost Us €5.4bn
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By: Richard Curran, Tom Lyons
Publisher: Gill & McMillan
Published: June 2015
Pages: 362
Categories: Business
Language: English
Available as: Ebook
On sale at:

Michael Fingleton was an Irish banking legend, the ultimate big money lender. He took Irish Nationwide Building Society from an obscure mortgage provider to a multi-billion euro property-lending casino, leaving the taxpayer to pick up the tab for €5.4 billion when the society eventually went bust. Fingleton earned over €2 million per year and built up a pension fund worth €27 million. But it was his loans to a small group of property developers and the way the society was mismanaged, under the nose of the Financial Regulator, that cost Irish citizens so dearly.

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