Daily Archives: Tue, Oct 19th, 2010

7

Irish Government Turns a Blind Eye To Bankers’ Crimes

Even if Fianna Fail were able to muster the political will, it would be a monumental task for the State to prosecute bankers of the failed Irish zombie banks, notably Anglo-Irish, because proof thresholds required in white collar crime cases are extremely high in Ireland. In fact, the Irish Independent reports in the same article that Ireland has never seen a successful prosecution for insider trading. Ever.

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