"When Irish Eyes Are Crying" by Michael Lewis, bestselling author of The Big Short: Inside the Doomsday Machine. This vivid new magazine account, with names being named, retraces how Ireland saddled its taxpayers with a crushing bill to bail out a handful of rapacious and blundering banks.
“Even in an era when capitalists went out of their way to destroy capitalism, the Irish bankers set some kind of record for destruction," he says in his piece, which shows how individual eurozone countries found their own separate ways into the common financial abyss.© COPYRIGHT THE EUROPEAN INSTITUTE 2009
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