Davy Stockbrokers are, sadly, too big to fail. This weekend, the firm's solid edifice in Dublin's Dawson street is all that remains upright. Inside, the staff are staggering but still standing. Customers are bewildered, worried that their pensions, shares and savings are at the mercy of a rogue outfit. The Government is shaken by the antics of its favourite stockbroker.
Last week's fine of €4.1m, imposed on Davy by the Central Bank, has revealed a tale of intrigue, deceit and greed. Yet Davy will survive. In Ireland's financial jungle, Davy is the uncrowned king.
Powerful people are at the top of this greasy pole.