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Abstract

The collapse of Ireland's economy into its worst recession in modern history has prompted some professional reflection about the roles and responsibilities of the country’s financial journalists. Conor Brady, a former editor of the Irish Times, asked in a commentary article published in his former paper: ‘Was the forming of this crisis reportable earlier? Were emerging trends apparent? Did they [the news media] do as good a job as they might have in flagging the approaching storm?’ Brady, editor of the paper between 1986 and 2002, the period corresponding to the rise of the Celtic Tiger economy, concluded that criticisms of the systemic problems in the financial system were articulated by some figures in key positions in Irish society, but were not reported in the news media ‘in a form that was sufficiently sustained, coherent and authoritative’.

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