Every day is Friday 13th for Dublin finance hub
By Andras Gergely and Carmel Crimmins
DUBLIN (Reuters) - On the trading floors and in the back offices of Dublin's financial center it feels like every day is Friday the 13th.
A series of scandals within the banking sector continue to rumble, creating an impression overseas that Ireland has a fast and loose corporate culture too risky to invest in.
"It's just ridiculous," said one dealer. "How do we get the trust back?"
Question marks over whether Anglo Irish Bank, a former poster boy for Ireland's boom years, had used deposits from bancassurer Irish Life & Permanent to beef up its books had people shaking their heads across Dublin's International Financial Services Center, an important hub for Europe's fund industry.
The practice of placing short-term deposits is known in business as a "bed and breakfast" transaction.
"I'd be selling every Irish banking share if I owned them. These scandals make us all look like crooks," said another Dublin dealer.
"Who knows what else is in store? "Basically, forget about financials. They are a basket case."