Written by two of The Irish Times' top financial journalists who covered the story from day one, Panic at the Bank tells the inside story of how trader John Rusnak did it. It traces, step-by-step, the management failures that allowed him to gamble away the bank's money while seemingly pulling in big profits. It also relates the human drama played out inside the bank, and how AIB's American acquisition, hailed as a model for foreign banks everywhere, was bedevilled by a clash of Irish and American cultures and a boardroom power struggle high above the Baltimore harbour front. Conor O'Cleary brings his peerless skills to the American side of the story as he relates how the scandal developed. Siobhan Creaton tells the Irish end of the story, of how AIB, with its troubled history, coped with the crisis. Together, they are the ideal team to tell this amazing tale.
- ISBN10 0717135632
- ISBN13 9780717135639
- Publish Date October 2002
- Publish Status Out of Print
- Out of Print 20 December 2004
- Publish Country IE
- Publisher Gill
- Imprint Gill & Macmillan Ltd
- Format Paperback
- Pages 256
- Language English