Mr Lenihan had been speaking for less than two minutes on Friday before a mistake by Citigroup meant that the bank’s clients were all able to be heard on the line.
Between 200 and 500 investors are understood to have been on the call, and as they realised their lines were not muted many began to heckle Mr Lenihan.
Some traders began making what one banker on the call described as “chimp sounds”, while another cried out “dive, dive”. A third man said “short Ireland” before adding “why not short Citi too?”
As the call descended into chaos, with one participant heard to say “this is the worst conference call ever”, Citigroup officials shut down the line.CONTINUES HERE
UPDATE: Darn, knew it was too good to be totally true. Fergus in the comments section leaves this link. (y’see what I mean about the Telegraph? ugh). Still doesn’t change my view about what ConfCalls should allow me to do to BSing CEOs…