Tag: bankers
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Banks not at fault on tracker mortgage scandal
The banks are not at fault in the tracker mortgage scandal. While banks, as corporate entities, may have legal persona of their own they are not responsible. Some no doubt will be tempted to read this as the banks being, as ever, irresponsible. But individuals within the banks, as yet unnamed and unknown, they are…
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What Ireland’s crash tells us about bankers views on Scottish Independence
The next week is going to be fascinating. I have no idea how Scotland will vote, for or against independence. I have no idea how I would vote were I there. Economically, there is probably a somewhat stronger argument for NO than YES, if you believe the politicians promises. But national self determination is not…
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The Psychology of the Irish Crash
The Psychology of the Irish Crash Here is a super article by Tana French, the crime writer, on the psychology of the Irish crash. Its behind a paywall but her argument is as follows We are actually deeply cynical and were poor. We didnt really think the Celtic Tiger was real, so we (the masses)…