Australian politics, society & culture

Michael Lewis on the Irish economic crisis: When Irish Eyes Are Crying

Michael Lewis on the Irish economic crisis: When Irish Eyes Are Crying "Kelly wrote his second newspaper article, more or less predicting the collapse of the Irish banks. He pointed out that by 2007, Irish banks were lending 40 percent more to property developers than they had to the entire Irish population seven years earlier. The Irish Independent’s editor wrote back to say he found the article offensive and wouldn’t publish it."

Editors Choice: 
Not Editors Choice
Shortlist Date: 
Friday, 4 February 2011 - 1:46pm
Shortlist Position: 
General item