House of Cards
The Inside Story of the Fall of Custom House Capital
Business & Finance, Economics, Economic History, Finance & Investing, Finance
| Author: | Niall Brady | ISBN: | 9780241963852 |
| Publisher: | Penguin Books Ltd | Publication: | September 1, 2012 |
| Imprint: | Penguin | Language: | English |
| Author: | Niall Brady |
| ISBN: | 9780241963852 |
| Publisher: | Penguin Books Ltd |
| Publication: | September 1, 2012 |
| Imprint: | Penguin |
| Language: | English |
In the summer of 2011, investors with Custom House Capital - some of whom had all their pension savings tied up with the investment house - faced a nightmare: the possibility that their money was gone, and that they wouldn't be getting it back.
Finance journalist Niall Brady takes us behind the scenes for the first in-depth account of a disaster that has cost investors millions. He shows how clients' funds were mis-allocated to cover losses, how the Financial Regulator, though aware of irregularities at CHC for years, failed to forestall the crisis, and how it remains unclear, over a year after the scandal was uncovered, whether people will get their money back. His account of the strange culture and practices of CHC makes House of Cards a must-read for fans of Too Big to Fail and The Big Short.
Niall Brady is a chartered accountant and a journalist with the Sunday Times.
'Damning ... Brady tells the tale of how the rogues still run rings around the protectors' Shane Ross, Sunday Independent
*'*One of the most shocking stories to have emerged in Ireland's economic bust' Cantillon, Irish Times
*'*Excellent concise read. Great story' Tom Lyons, author of The FitzPatrick Tapes
In the summer of 2011, investors with Custom House Capital - some of whom had all their pension savings tied up with the investment house - faced a nightmare: the possibility that their money was gone, and that they wouldn't be getting it back.
Finance journalist Niall Brady takes us behind the scenes for the first in-depth account of a disaster that has cost investors millions. He shows how clients' funds were mis-allocated to cover losses, how the Financial Regulator, though aware of irregularities at CHC for years, failed to forestall the crisis, and how it remains unclear, over a year after the scandal was uncovered, whether people will get their money back. His account of the strange culture and practices of CHC makes House of Cards a must-read for fans of Too Big to Fail and The Big Short.
Niall Brady is a chartered accountant and a journalist with the Sunday Times.
'Damning ... Brady tells the tale of how the rogues still run rings around the protectors' Shane Ross, Sunday Independent
*'*One of the most shocking stories to have emerged in Ireland's economic bust' Cantillon, Irish Times
*'*Excellent concise read. Great story' Tom Lyons, author of The FitzPatrick Tapes
