Trailer ë Anglo Republic PDF by ✓ Simon Carswell myportal.pro

Trailer ë Anglo Republic PDF by ✓ Simon Carswell To me the strongest point of this book does not lie in the unearthing of the nitty gritty details of how the the massive Anglo collapse came about per se, but in the detailed way in which it traces the social mechanisms that led to it While clearly critical of his subjects, the author does not neglect to show the compassion necessary to make the reader understand why they did what they did, and importantly why they thought that it was the right thing to do The fact that the story itself is gripping is of course supportive in the endeavor of writing a fascinating book While I personally saw myself expecting to be less interested after the first half because I mainly picked it up to learn about the culture that created the degree of detachment from reality that is a precondition for the kind of institutional failure as ob Not the best book on a financial crisis but a great insight into how out of touch a management team can be with reality At one stage they had nearly bankrupted the Irish economy but weren t sure the bank couldn t continue trading Probably won t have any explosive revelations for anyone who s been following the Anglo story, but has a good level of first hand accounts from the inside of the debacle The story is zipplily told in a chronological manner and is easy to read.
Very detailed I didnt know of how bad the crisis was in Ireland during the GFC.
Of note was the fact that until the very end, the bank reported very good numbers, with low bad debts and decent provisions But high growth, in a small economy with overseas funding and the loan book overexposed to largely a particular sector property was enough of a yellow signal to stay away.
And therein lies the problem when you see a good ROA institution, growing well and available for what is called cheap one thinks of it as a bargain But financial institutions are special beings its a great cautionary tale.
Luckily, the book Capital Returns alerted me to this story.
In the end, the swiftness of its demise was not covered well by the author what really caused such an erosion in asset value The reader is left with a few questions wrt the end of Anglo.
To me the strongest point of this book does not lie in the unearthing of the nitty gritty details of how the the massive Anglo collapse came about per se, but in the detailed way in which it traces the social mechanisms that led to it While clearly critical of his subjects, the author does not neglect to show the compassion necessary to make the reader understand why they did what they did, and importantly why they thought that it was the right thing to do The fact that the story itself is gripping is of course supportive in the endeavor of writing a fascinating book While I personally saw myself expecting to be less interested after the first half because I mainly picked it up to learn about the culture that created the degree of detachment from reality that is a precondition for the kind of institutional failure as ob Not the best book on a financial crisis but a great insight into how out of touch a management team can be with reality At one stage they had nearly bankrupted the Irish economy but weren t sure the bank couldn t continue trading Probably won t have any explosive revelations for anyone who s been following the Anglo story, but has a good level of first hand accounts from the inside of the debacle The story is zipplily told in a chronological manner and is easy to read.
Very detailed I didnt know of how bad the crisis was in Ireland during the GFC.
Of note was the fact that until the very end, the bank reported very good numbers, with low bad debts and decent provisions But high growth, in a small economy with overseas funding and the loan book overexposed to largely a particular sector property was enough of a yellow signal to stay away.
And therein lies the problem when you see a good ROA institution, growing well and available for what is called cheap one thinks of it as a bargain But financial institutions are special beings its a great cautionary tale.
Luckily, the book Capital Returns alerted me to this story.
In the end, the swiftness of its demise was not covered well by the author what really caused such an erosion in asset value The reader is left with a few questions wrt the end of Anglo.
Mandatory Reading to understand why the Irish Banking System needed to be bailed out and led to the collapse of the Irish Economy Reads like a thriller novel Anglo Republic Inside the Bank that Broke Ireland by Simon Carswell is a thoroughly satisfying and compelling read Carswell documents the rise and fall of the bank demonised by the Irish media in a superbly thorough and measured fashion Eagerly anticipated, the volume brings together many of the tantalisingly shocking stories surrounding the high flying executives of Anglo Irish and weaves them together with technical explanations and thorough research into an eminently readable and ultimately fulfilling expose of the big decisions and the the mindsets that led to the downfall of the institution.
I was eager to read the book to understand the fuller story behind the headlines and I was not disappointed Like most Irish these days I would love to see the publicly identified culprits behind the mess at Anglo Irish hang The Number Bestseller The Definitive History Of The Bank That Brought Ireland To Ruin As Late As , Anglo Irish Bank Was A Darling Of The Markets, Internationally Recognized As One Of The Fastest Growing Financial Institutions In The World By , It Was Bust The Irish Government S Hopeless Attempts To Save Anglo Have Led The State To Ruin Culminating In A Punitive IMF Bailout In Late And Threatening The Future Of The Euro Now, For The First Time, The Full Story Of The Bank The Sunday Times Described As A Building Society On Crack Is Being Told By The Journalist Who Has Led The Way In Coverage Of Anglo 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 Ireland S 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 And Of The Men Who Presided Over Its Dizzying Rise And Fall Sean FitzPatrick, David Drumm, Willie McAteer And Many Others This Is Not Only The First Full Account Of The Anglo Disaster It Will Also Be The Definitive One Enormous insight into the mechanics of a real estate bubble Even though we got used to banking mismanagement since 2007, the total lack of risk understanding or a moral compass of the Anglo Irish bank senior executives is without comparison How Sean FitzPatrick did not end up on the wrong end of a pitchfork is beyond me Simon Carswell does a great job incorporating all the aspects of the Anglo disaster i.
e the involvement of the Financial Regulator and of Ireland s richest and most clueless man into a fascinating, page turner Five stars.
A tough read for me, although I enjoyed learning what caused the financial demise in Ireland I found it hard to follow all the names of the many players in the book Plus my lack of understanding of the financial infrastructure made reading very slow and arduous However, I m glad that I spent the time to read it as I learned loads and found the information intriguing and quite shocking actually.
Remarkable on the degree of personal ineptitude and dodgy dealing that goes into blowing up a country Financial imbalances caused the Irish property boom, but that s a vague term that this book illustrates vividly Anglo Irish Bank and it s management did some incredibly stupid things and were called geniuses for it Jaysus, it s a great read.



Anglo Republic Inside the Bank that Broke Ireland by Simon Carswell is a thoroughly satisfying and compelling read Carswell documents the rise and fall of the bank demonised by the Irish media in a superbly thorough and measured fashion Eagerly anticipated, the volume brings together many of the tantalisingly shocking stories surrounding the high flying executives of Anglo Irish and weaves them together with technical explanations and thorough research into an eminently readable and ultimately fulfilling expose of the big decisions and the the mindsets that led to the downfall of the institution.
I was eager to read the book to understand the fuller story behind the headlines and I was not disappointed Like most Irish these days I would love to see the publicly identified culprits behind the mess at Anglo Irish hang Mandatory Reading to understand why the Irish Banking System needed to be bailed out and led to the collapse of the Irish Economy Reads like a thriller novel Enormous insight into the mechanics of a real estate bubble Even though we got used to banking mismanagement since 2007, the total lack of risk understanding or a moral compass of the Anglo Irish bank senior executives is without comparison How Sean FitzPatrick did not end up on the wrong end of a pitchfork is beyond me Simon Carswell does a great job incorporating all the aspects of the Anglo disaster i.
e the involvement of the Financial Regulator and of Ireland s richest and most clueless man into a fascinating, page turner Five stars.
A tough read for me, although I enjoyed learning what caused the financial demise in Ireland I found it hard to follow all the names of the many players in the book Plus my lack of understanding of the financial infrastructure made reading very slow and arduous However, I m glad that I spent the time to read it as I learned loads and found the information intriguing and quite shocking actually.
Remarkable on the degree of personal ineptitude and dodgy dealing that goes into blowing up a country Financial imbalances caused the Irish property boom, but that s a vague term that this book illustrates vividly Anglo Irish Bank and it s management did some incredibly stupid things and were called geniuses for it Jaysus, it s a great read.

Journalist Currently financial correspondent for the Irish Times.