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The Central Bank As Crisis Manager | Dr. Patrick Honohan, former Central Bank of Ireland Governor, on Crisis Management, Macroeconomic Shocks, & Tariffs

Monetary Matters with Jack Farley

CHAPTER

Navigating Bank Crisis Management

This chapter examines the Irish government's controversial decisions surrounding the backing of the Anglo-Irish Bank during a financial crisis, highlighting the implications of guarantees and promissory notes. It also discusses the need for reforms in deposit insurance schemes to protect depositors and prevent reckless banking practices.

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