From BI: Once again, we have 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 execs from the recording have been identified as John
Bowe (head of the bank's capital markets) and Peter Fitzgerald (director of
retail banking). 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…..
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