Book description
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
Niall Brady is a chartered accountant and a journalist with the
Sunday Times
.
