For the first time since the Irish financial meltdown comes a book not from an economist or a journalist, but from a self-employed Irishman who found himself in the eye of the storm. Ireland is insolvent because of mismanagement, corruption and greed. We have been bombarded with and infuriated by reports of self-serving bankers, developers and government ministers.
To date, the general public has not had an account of the devastating effect of this crisis on Irish-owned business as it tries to pick up the pieces. Irish businesses are trying to cope with insolvency,arrears, liquidation – the rate of suicide among the self-employed in Ireland has trebled in the last 3 years. George Mordaunt believes that many Irish businesses are now dysfunctional not because of the recession but because of the reaction of business owners to the recession – and specifically their reaction to their banks. With raw honesty he outlines the effect this reaction has had on himself, his young family, his marriage and his business.