The Anglo Irish tapes reveal how the bankers involved intentionally mislead regulators and the Irish government about the extent of the crisis. This was done to ensure the government would provide initial loans and then, having ‘skin in the game’, be forced to continue pouring in additional funds to prop up the bank. Ultimately this situation lead directly to the bankruptcy of Ireland and its entry into serfdom as a vassal of its masters at the EU and IMF. Continue reading →

This past summer, a series of recorded phone conversations between senior executives at Anglo Irish bank were leaked. These tapes date back to the peak of the financial crisis in September 2008. The release of these tapes in ongoing and has, thus far, exposed the outright criminality of the bankers involved. The tapes show the level of fraud and manipulation that was used to swindling the Irish taxpayers into what amounted to an open ended bailout which ultimately ended in the bankruptcy of Ireland.

This post provides the transcript of several of the more interesting leaked conversations, several of which exist only in audio form – until now. Continue reading →