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Recalling the Celtic Tiger

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Edited By Eamon Maher, Eugene O'Brien and Brian Lucey

This book looks at various effects, symptoms and consequences of the period in Irish culture known as the Celtic Tiger. It will trace the critical pathway from boom to bust – and up to the current beginnings of a similar, smaller boom – through events, personalities and products. The short entries offer a sense of the lived experience of this seismic period in contemporary Irish society.

While clearly not all aspects of the period could realistically be covered, the book does contain essential information about the central actors, events, themes, and economic trends, which are discussed in a readable and accessible manner. Each entry is linked to the overall Celtic Tiger phenomenon and its immediate aftermath.

The book also provides a comprehensive account of what happened in this period and will be a factual resource for anyone anxious to discover information on the areas most commonly connected to it. All entries are written by experts in the area. The contributors include broadcasters, economists, cultural theorists, sociologists, literary critics, journalists, politicians and writers, each of whom brings particular insights to some aspect of the Celtic Tiger.

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Quinn, Sean (Charles Larkin)

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Charles Larkin

Quinn, Sean

Sean Quinn was born on December 5, 1947, in Derrylin, County Fermanagh. He is an Irish businessman who was once the richest man in Ireland, with a net worth of €4.722bn in 2008, according to the Sunday Times Rich List. Sean Quinn, along with other members of his immediate family, was the owner of the privately owned Quinn Group. He is considered by many in the popular media as ‘patient zero’ of the Irish financial crisis that ultimately led to the collapse of Anglo Irish Bank, the Bank Guarantee, the Troika Bailout and the eventual economic contraction that lasted approximately a decade, which sunk the economy into an acute recession bordering on depression, expanded unemployment by 10% and nearly broke the Eurozone.

Quinn was one of the ‘Maple 10’, otherwise known as the ‘Anglo Golden Circle’. He personally held approximately 10% of the shares of the Anglo Irish Bank, and a further six members of the Quinn family were also heavily invested in the Anglo Irish Bank. Quinn in July 2008 wrote to the CEO of the bank, David Drumm, advising that this was an ‘ill advised’ strategy. Anglo Irish Bank’s internal documents showed that the transaction caused Quinn to make a collective loss of €955m. Ultimately Quinn came to owe Anglo Irish Bank €2.8bn at the point of nationalisation in January 2009. Mr Quinn sold his position in Anglo Irish Bank through contracts-for-difference (CFDs) which he had allegedly built...

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