Monthly Archives: February 2010

Guidance for the treatment of impaired assets in the EU banking sector

 IP/08/1495), where the Commission set out the principles governing the application of the State aid rules to any support measure for banks in the context of the global financial crisis. In a similar vein that the recapitalisation communication (see IP/08/1901) … Continue reading

Posted in 1, Charlie McCreevy, Joaquín Almunia, Neelie Kroes, The European Commission, US sub-prime | Tagged , , , , ,

Sunday Blues

  Reading the Sunday newspapers to –day, I don t know which is more depressing The prospect of having the opposition takes the place of the current bag of misfits in the Dail I mean they haven’t really distinguished themselves … Continue reading

Posted in David Mc Williams, European Central Bank, European Commission, European commissioners, No 2 NAMA campaign, No2NAMA, referendum on NAMA, Toxic assets of Irish banks, Toxic Banks | Tagged , , , , , | 1 Comment

Banks await loan acquisition schedules

Nama has missed three deadlines as lenders and the agency struggle with complex valuations, according to by SIMON CARSWELL  source http://www.irishtimes.com/newspaper/finance/2010/0227/1224265277431.html NOW THAT the valuationshas signed off on the National Asset Management Agency (Nama), the delayed task of transferring the … Continue reading

Posted in 1, Allied Irish Banks, Anglo Irish Bank, Ashford Castle, Bernard McNamara, Derek Quinlan, EBS building society, G Hotel, Irish Nationwide, Jervis Street Shopping, Joe O'Reilly, K Club, Liam Carroll, Paddy McKillen, Seán Mulryan, SIMON CARSWELL, The Irish Times, Treasury Holdings | Tagged , , , , , , , , , , , , , , , , , , ,

Liz Mc Manus on Mayor of Dublin

Liz McManus (Wicklow, Labour) Question 22: To ask the Minister for the Environment, Heritage and Local Government when he plans to bring before Dáil Éireann legislation relating to a directly elected mayor of Dublin; if he plans to provide for … Continue reading

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Guilty as charged

  The European Commission cleared the corrupt Irish governments plan to bail out the countries financial institutions. Ireland established the National Asset Management Agency last year as a Toxic “bad bank,” thus bailing out well connected developers and the criminal … Continue reading

Posted in accounting gimmickry, Allied Irish Bank, Anglo Irish Bank, Bank of Ireland, derivatives, Educational Building Society, European Central Bank, European Commission, Fianna Fail, Finance Minister Brian Lenihan, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Irish Life and Perm, Irish Life and Permanent, Irish News, Irish Pirate Banks, Irish Politics, NAMA, NAMALAND, National Asset Management Agency, No 2 NAMA campaign, No2NAMA, Taoiseach, The NAMA gravy train, Toxic Banks | Tagged , , , , , , , , , , ,

The Green Menace

Sargent to give payment to charity IRISH TIMES REPORTERS The Green Party today confirmed former minister of state for food and agriculture, Trevor Sargent, would donate his ministerial severance payment to charity. A spokeswoman said the payment had not been … Continue reading

Posted in 1, Garda authorities, Green Party, IRISH TIMES, St Vincent De Paul, Trevor Sargent | Tagged , , , , ,

Alert ! Virus on it’s way!

  HUGE VIRUS COMING ! PLEASE READ & FORWARD !   Hi All, I checked with Norton Anti-Virus, and they are gearing up for this virus! I checked Snopes, and it is for real. Get this E-mail message sent around … Continue reading

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This is Ireland’s area 51

This is Ireland’s area 51 Despite constant governments assurances that there are no jobs in this area local SR’s clam a friendly alien, claimed to have appeared to them with the promises of 500 jobs Our reporter Willie, went deep … Continue reading

Posted in 1, Area 51, Dublin Airport, Hanger 6, Irelands UFO's, Ryan air, UFO's in Ireland | Tagged , , , ,

Things getting bad in Greece!

ATHENS— Wealthy Greeks are pulling their money out of local banks and sending it abroad, fearing increased government scrutiny on assets and a run on the banks if Athens is forced to turn to the International Monetary Fund, according to … Continue reading

Posted in 1, Greece

It’s time to shout ’stop’ – NAMA is grand larceny

The land has reverted to the price you’d get from a farmer for putting a donkey out to graze on it For the past year, this column has been warning of a “triple lock” in the Irish banking system, which … Continue reading

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