JULIA LA ROCHE
June 24, 2013
Once again, we have some more embarrassing conversations between bankers…
The Irish Independent, a Dublin-based newspaper, has uncovered tapes of an internal phone conversation from
September 2008 between two executives at Anglo Irish Bank during its
bailout deal and they sound pretty scandalous. The Irish Independent
points out that the recordings show they misled the Central Bank.
The executives from the recording have been identified as John Bowe
(head of the bank’s capital markets) and Peter Fitzgerald (director of
However, Bowe “categorically denied” that he misled the Central Bank
and Fitzgerald, who wasn’t involved in discussions with regulators, said
he was unaware of any intention to mislead, the report said.
Either way, the newly revealed recordings are still embarrassing.
Full article here