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Untangle the financial history of Charlie Haughey, Taoiseach and leader of Fianna Fáil, in Haughey's Millions, the must-read, bestselling exposé of one of Ireland's most controversial politicians Colm Keena, acclaimed Irish Times investigative journalist, examines the extraordinary career of Charlie 'the Boss' Haughey, the backbench TD who became Taoiseach (Prime Minister) and left a financial legacy that lingered long after his retirement from political life. As a politician, Haughey made a huge contribution to Irish life: he played a key role in the Northern Ireland peace process and he laid the foundations for the prosperity that arrived with the Celtic Tiger. But Haughey's Millions does not deal with Haughey's political history; instead Keena uncovers the subject that Haughey most wanted to avoid and you'll most want to read: the truth about his money. From elections to tribunal appearances, Haughey dominated the Irish political landscape from the '60s to the '90s and always lived visibly beyond his means. From his princely accommodation in Kinsealy to his penchant for horses, Haughey's extravagant spending made him look like a rich man on a TD's salary. In Haughey's Millions, Keena traces the origins of Haughey's lavish lifestyle back to the '50s and to his early life as a partner in Haughey, Boland & Co. Moving chronologically forward, Keena looks at Haughey's early involvement with Des Traynor and his developing relationships with property developers and other key entrepreneurs and business figures. Keena's investigations take him up to the Moriarty and McCracken tribunals of the mid-'90s, set up to investigate the alleged financial corruption at the heart of Haughey's infamous political reign. Under the microscope of Keena's investigations, Haughey's financial dealings are revealed. In Haughey's Millions, Keena gives you the whole tangled story of a politician who lived like a prince, from beginning to ignominious end. Haughey's Millions: Table of Contents Introduction Part One: 1925–1987 - A Descendant of Kings - The Tax Commissioner's Residence - The Wilderness Years - Banking Secrets - Horse Dealers and Hoteliers - Helping Ciarán Part Two: 1987–1992 - Back in Business - Tralee Again - A New Disciple - Money for the Boss - Brian Lenihan - Financial Services - Taxing the Taoiseach Part Three: 1992– - Bowing Out Gracefully - Helicopters Again - An Innocent Bystander - Disclosure - Endgame - The Case for the Defence
With exclusive access to the Haughey archives, Gary Murphy presents a reassessment of Charles Haughey's life and legacy. Saint or sinner? Charles Haughey was, depending on whom you ask, either the great villain of Irish political life or the benevolent and forward-thinking saviour of a benighted nation. He was undoubtedly the most talented and influential politician of his generation, yet the very roots of his success – his charisma, his intelligence, his ruthlessness, his secrecy – have rendered almost impossible any objective evaluation of his life and work. That is, until now. Based on unfettered access to Haughey's personal archives, as well as extensive interviews with more than eighty of his peers, rivals, confidants and relatives, Haughey is a rich and nuanced portrait of a man of prodigious gifts, who, for all his flaws and many contradictions, came to define modern Ireland. 'A superbly balanced exploration of the life and politics of one of the most fascinating figures in 20th century Ireland.' Professor John Horgan 'An indispensable read for anyone with an interest in modern Irish history.' David McCullagh 'Offers much new detail – and not a few surprises – about the personality and career of a political titan who is still, in equal measure, revered and reviled in 21st century Ireland.' Conor Brady
NEW YORK TIMES BESTSELLER NEW YORK TIMES • 10 BEST BOOKS OF THE YEAR NATIONAL BESTSELLER The Atlantic: 10 Best Books of 2022 Best Books of the Year: Washington Post, New Yorker, Salon, Foreign Affairs, New Statesman, Chicago Public Library, Vroman's “[L]ike reading a great tragicomic Irish novel.” —James Wood, The New Yorker “Masterful . . . astonishing.” —Cullen Murphy, The Atlantic "A landmark history . . . Leavened by the brilliance of O'Toole's insights and wit.” —Claire Messud, Harper’s Winner • 2021 An Post Irish Book Award — Nonfiction Book of the Year • from the judges: “The most remarkable Irish nonfiction book I’ve read in the last 10 years”; “[A] book for the ages.” A celebrated Irish writer’s magisterial, brilliantly insightful chronicle of the wrenching transformations that dragged his homeland into the modern world. Fintan O’Toole was born in the year the revolution began. It was 1958, and the Irish government—in despair, because all the young people were leaving—opened the country to foreign investment and popular culture. So began a decades-long, ongoing experiment with Irish national identity. In We Don’t Know Ourselves, O’Toole, one of the Anglophone world’s most consummate stylists, weaves his own experiences into Irish social, cultural, and economic change, showing how Ireland, in just one lifetime, has gone from a reactionary “backwater” to an almost totally open society—perhaps the most astonishing national transformation in modern history. Born to a working-class family in the Dublin suburbs, O’Toole served as an altar boy and attended a Christian Brothers school, much as his forebears did. He was enthralled by American Westerns suddenly appearing on Irish television, which were not that far from his own experience, given that Ireland’s main export was beef and it was still not unknown for herds of cattle to clatter down Dublin’s streets. Yet the Westerns were a sign of what was to come. O’Toole narrates the once unthinkable collapse of the all-powerful Catholic Church, brought down by scandal and by the activism of ordinary Irish, women in particular. He relates the horrific violence of the Troubles in Northern Ireland, which led most Irish to reject violent nationalism. In O’Toole’s telling, America became a lodestar, from John F. Kennedy’s 1963 visit, when the soon-to-be martyred American president was welcomed as a native son, to the emergence of the Irish technology sector in the late 1990s, driven by American corporations, which set Ireland on the path toward particular disaster during the 2008 financial crisis. A remarkably compassionate yet exacting observer, O’Toole in coruscating prose captures the peculiar Irish habit of “deliberate unknowing,” which allowed myths of national greatness to persist even as the foundations were crumbling. Forty years in the making, We Don’t Know Ourselves is a landmark work, a memoir and a national history that ultimately reveals how the two modes are entwined for all of us.
Roy Foster is one of Ireland's leading historians, the author of the much acclaimed two-volume biography of Yeats as well as the definitive history Modern Ireland, which has been hailed as "dazzling" (New York Times Book Review) and "elegant, erudite, wise, witty" (Irish Times). Now, this brilliant writer offers a "short and combative" account of Ireland's astonishing transformation over the last three decades. Has there really been an "economic miracle"? Where does the explosion of cultural energy in music, literature, and theater come from? Has the power of the Catholic Church really crumbled? Focusing largely on contemporary events, living people, current controversies, and popular culture, Luck and the Irish explores these questions and raises other provocative questions of its own. Foster looks at the astonishing volte-face undertaken by Sinn Fein, eventually taking office in a state they had once fought to destroy. He describes how Catholicism, once the bedrock of Irish identity, has been decisively compromised, as evidenced by the exploitation and abuse scandals and the drastic decline in devotions. At the same time, the position of women in Irish society has been transformed, with the growth of feminism, a revolution in sexual attitudes, far more women in the work force, the ascendancy of President Mary Robinson, and the movement of women to front-rank Cabinet posts--all of which have put the position of Irish women ahead of that in many European nations. Many old molds have been broken in Irish society over the last 30 years, and the immediate results have been breath-taking. But are these developments really as permanent or even as beneficial as they appear? Everyone curious about the recent past, the burgeoning present, and the unclear future of Ireland will want to read this superbly written and deeply thoughtful book.
Charles Haughey maintained one of the most controversial and brilliant careers in the history of Irish politics, but for every stage in his mounting success there was one issue that complicated, and almost devastated, his ambitions to lead Irish politics: Northern Ireland. In ‘A Failed Political Entity’ Stephen Kelly uncovers the complex motives that underlie Haughey’s fervent attitude towards the political and sectarian violence that was raging across the border. Early in Haughey’s governmental career he took a hard line against the IRA, leading many to think he was antipathetic towards the situation in Northern Ireland. Then, in one of the most defining scandals in the history of modern Ireland – The Arms Crisis of 1970 – he was accused of attempting to supply northern nationalists with guns and ammunitions. Whilst his role in this murky affair almost ended his political career, the question of Northern Ireland was ever-binding and would deftly serve to bring Haughey back to power as taoiseach in 1979. Through recent access to an astonishing array of classified documents and extensive interviews, Stephen Kelly confronts every controversy, examining the genesis of Haughey’s attitude to Northern Ireland; allegations that Haughey played a key part in the formation of the Provisional IRA; the Haughey–Thatcher relationship; and Haughey’s leading hand in the early stages of the fledgling Northern Ireland peace process.
From the debates of the 1950s that were strikingly similar to what we face today – struggles against bankruptcy, emigration and abuse of power by the State – through the wars in the 70s and 80s over divorce and abortion, to the Jacobean dramas surrounding the fall of Haughey in the 1990s, this essential book finally traces the fall of the first Republic via the tragic-comic dénouement of the Cowen era and the first breaths of hope provided by a new administration. John Drennan's Standing by the Republic captures the fascinating story of Ireland's evolution in the seven decades since the end of the war and encapsulates the culture that shaped these moments of national drama.
At the height of the 1990s boom, Jack Grubman, one of the most successful analysts in Wall Street proclaimed ‘what used to be conflicts of interest are now synergies’. This myopia contributed dramatically to the elevation of a culture in which greed was deified, oversight denigrated and misfeasance justified. Since the fall of the markets and the implosion of confidence in the American corporate business model, one man has proved instrumental in deconstructing the rhetoric of the 1990s: Eliot Spitzer, the combative Attorney General of New York. In the process, his innovative application of state law has reconfigured the governance of Wall Street. Over the past three years the pursuit of transparency and accountability in the structure of the markets has propelled Spitzer to the forefront of regulatory policy. His investigations into tainted analyst research, the mutual funds industry, the governance of the New York Stock Exchange and the insurance industry have focused attention not just on corrupted individuals but also the complicity of the financial structure itself. Spitzer exploited the inherent conflicts of interest to the full, forcing regulators to adopt a much more proactive approach and creating a national platform for his own wider political ambitions. Now holding the Democratic nomination for the Governorship of New York, Spitzer has begun a path for higher national office. This groundbreaking book features exclusive access with many of the key actors in these changes to the governance of Wall Street. It examines how Eliot Spitzer exploited gaps in the regulatory framework to capture the corporate reform agenda and explores the implications of his actions on policy formation and recalibration. Key incidents include: changing the terms of reference governing analyst research; the defenestration of Dick Grasso’s tenure over the NYSE (which is now being heard in state court in New York); and the battles for control between the former Chairman of the Securities Exchange Commission, Harvey Pitt, and Spitzer. The book details not only the contested, contingent and interdependent connections between the American political and financial systems but reveals how Spitzer’s manipulation of those connections have proved instrumental in enhancing his own wider political ambitions.
This major new account of the politics of modern Ireland offers a rigorous analysis of the forces which shaped both how the Irish state governed itself from the period since 1987 and how it lost its economic sovereignty in 2010.
The Fianna Fáil Party was founded in 1926 and first came to Government in 1932. From that date until 2010, it has completely dominated the political life of the Republic of Ireland. For all but 13 of those 78 years, it has formed the Government of Ireland, either on its own or as the dominant party in a coalition. Fianna Fáil has always seen itself as more than a party. Its self-image has been that of a national movement, one that represented the nation in microcosm and superseded partisan and regional prejudices. While holding this view of itself, it also managed to be the most ruthlessly, successful and professional party machine in Europe. Noel Whelan, the distinguished political commentator and columnist, is steeped in the Fianna Fáil tradition. In this book, he traces the party's fortunes from its foundation by Eamon deValera and Seén Lemass in the 1920s through the economic war of the 1930, war time neutrality and stagnation of the 1950s. Lemass's Governments of the 1960s, generally regarded as the best in the history of the State, restored the Country's fortunes, but the 70s and 80s were locust years dominated by the divisive and charismatic figure of Charles J. Haughey. Under the later leadership of Bertie Ahern, party divisions were healed, and it seemed that national divisions were healed with them. An economic boom was allowed recklessly to run out of control with the result that the party, having brought Irish prosperity to a new peak, was then blamed for the sudden violence of the crash. The general election of 2011 reduced Fianna Fáil to its lowest ebb since it was founded. It may not have marked the end of the party, but it clearly marked the end of an era that began in 1932.
The 'Rainbow Government', that was how the media described the Fine Gael, Labour and Democratic Left coalition government that John Bruton led from late 1994 to June 1997, arguably the most left wing government in the history of the state. In Under the Rainbow, Shane Kenny uses his unique perspective as government press secretary to deliver the ultimate insider account of this crucial juncture in Irish politics; a period which contained critical breakthroughs in the Northern Ireland peace process, the most high profile murder in the history of the state (Veronica Guerin), the establishment of the 'payments to politicians' tribunal, which finally exposed the sources of Charles Haughey's wealth, and a divorce referendum which heralded the dawn of a changing Ireland. With anecdotes and quotations from the author's own notes and tapes from the time, Under the Rainbow is a singular chronicle of political and economic achievement, aligned with professional and personal tragedy – a captivating mix of the atmosphere and facts of government life.