Apologies if there has already been a thread on this but i can't see it. Front page of todays Irish Daily Mail (yes yes i know but i saw it when buying parking discs in the shop)
No online link yet but it was AIB Staff owe the bank over €3 billion with staff on a salary of €35,000 having been given mortgages of over €500,000 (or 14.2 times salary)
Anecdotal, i was at an engagement party just over 2 years ago and was catching up with an old friend, work/salary discussions came up and i told him i was happy to be making approx €35/40k a year but hoped for more before I and my partner married/kids etc
He told me his (new) position with AIB paid him €90k a year but the main benefit was the access to cheap credit, he was at that time in hock for almost 850k - mainly through mortgage, car loan etc - but also through property investment saying "i saw a few houses going for chips in a development in a midlands town and had to pick them up as an investment"
I thought he was winding me up, obviously not.
Ps - no problem with the salary, the guy worked hard in college etc but access to that kind of credit from your employer in such a short timescale is insanity.