SINS OF THE FATHER, B-SIDES AND OUT-TAKES: The IFSC and the Shadow Banking System, by Dr. Jim Stewart (July, 2008)
Jul 21st, 2011 by Conor McCabe
[Dr. Jim Stewart’s article for the July 2008 edition of Tax Justice Focus is an excellent summary of the actual function of the IFSC and its role within the shadow banking system.
Needless to say both the article and Dr. Jim Stewart were all but completely ignored by Ireland’s newspapers and TV stations, who instead found comfort and solace in the complete and utter bullshit of people like Austin Hughes, Dan O’Brien and David ‘bank guarantee’ McWilliams.
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Just to restate, this article came out a full three months before the passing of the bank guarantee.]