Psychopathic bankster David Drumm, believed to be hiding out in the U.S., laughs as he does his part to turn a booming economy into a broke nation.
Tapes of David Drumm, just days before he lost his job as Anglo Irish Bank CEO, reveal the frenetic atmosphere in the bank.
For the first time, Anglo's own executives speak about how the Brian Cowen-led government ignored the advice of international bankers Merrill Lynch to shut down Anglo, in recordings exclusively revealed today in the
Irish Independent.
The bankers even tell how their own institution is described as a "basket case" by the firm, which were the government's external advisers.
"They're knifing us," Drumm tells colleague John Bowe, before telling him how he had prepared a plan to burn bondholders.
Mr Drumm reveals a conversation he's apparently had with former Fine Gael leader and ex-finance minister Alan Dukes - the government-appointed member of the board of the bank, where the former politician allegedly reported that the Government had decided to keep the bank going. Mr Dukes was appointed as public-interest director at Anglo days beforehand.
Comment: Leaked recordings of Anglo-Irish phone conversation during outbreak of 2008 financial crisis: Banksters joked about defrauding the Irish people