John Burns
speaker
307 appearances
11 recordings
4 series
first heard Apr 2026
last heard 6 Aug
John Burns’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 11 in all, peaking in Jun 2026 with 9.
Appearances
And then suddenly everybody starts going through the books of all these banks and they see all these reckless loans, which then couldn't be paid back because the underlying assets lost all their value.
And Irish Nation Oil has to be nationalised and it's put in with Anglo and they all end up in this thing called the IBRC.
And Michael Fingleton is called in by the government and NAM and everybody else in early 2009 and said, look, Michael, game's up and he has to go.
And he went.
But I think why, and I call him the baddie of the banking crisis, the real problem with Michael Fingleton was, first of all, he never admitted he had done anything wrong.
He even said his bank didn't need to be bailed out when quite self-evidently he did.
What on earth was his justification for that?
Well, he just said they moved into quickly on today.
We could have worked all this out.
You know, we would have got all these loans back.
We would have got all this money back.
What are you talking about?
We didn't need your help.
Give it time.
Give it time.
Yes, Michael.
So that was one thing that he said he didn't regret any decision that he had made, which just was absolutely farcical, given what we found out afterwards.
But then the second problem was.
that he got a performance bonus, no less, of 1 million euros in 2008, the year that everything fell.
How do you get that bonus, considering the performance was so disastrous?
Showing 201–220 of 307 · page 11 of 16
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