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House of Cards

House of Cards

The Inside Story of the Fall of Custom House Capital

Summary

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

Reviews

  • Damning ... Brady tells the tale of how the rogues still run rings around the protectors
    Shane Ross, Sunday Independent

About the author

Niall Brady

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