Publisher's Synopsis
With the Irish governmentÆs bank guarantee in September 2008, the death knell sounded for Celtic Tiger Ireland. We watched in disbelief as the bubble burst: tax revenues collapsed, unemployment soared and the Irish people were made liable for huge gambles lost by bankrupt banks. Was the party over' Many factors are blamed for the financial crisis, but who is really responsible' And perhaps more importantly, why was everyone taken by surprise' What happened' How did it happen' How can we prevent similar crises from happening again' Where do we go from here'