Monthly Archives: September 2010

German war reparations

It took Germany 90 years to pay off 25 billion in war reparations for the First World War. The US gulf will need 20$ Billion to clean it up . Ireland is now been saddled with debts of 36.5 billion … Continue reading

Posted in "The-end-of-democracy", accounting gimmickry, action, Allied Irish Bank, Allied Irish Banks, Anglo Irish Bank, Anglo's restructuring plan, “Derivatives”, Bank of Ireland, Bank of Ireland Share Price, Banking, Brian Clown, Brian Cowen, Brian Lenihian, Budget 2011, Colm Doherty, Dermot Gleeson, Eugene Sheehy, German war reparations, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Are the unions relevant?

Posted in Dail protest 29.09.2010 | Tagged

The Boys in the Dail

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Another Twit defending the indefensible

The Governments latest financial mess Look at this twits eyes and you can see he doesn’t believe what he is saying

Allied Irish Banks

what do the Americans think of Lenihans statement ? Shares of Allied Irish Banks plc (NYSE: AIB) are falling 27 percent in early U.S. trading as the bank seeks additional capital, further diluting current shareholders and putting the bank more in … Continue reading

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NAMA Changes

These NAMA  changes were designed to cover up the real figures and the scale of the disaster that yet to unfold . Lenihan is engaged is a high stakes con job and the market will not be fooled by his lies this … Continue reading

Minister’s Statement on Banking 30 September 2010

Minister’s Statement on Banking 30 September 2010 Introduction It is an urgent and immediate priority to reinforce international market confidence in our ability and commitment to restore our banking system to health and to secure the long-term sustainability of our … Continue reading

Posted in Irish Banking crises, Minister’s Statement on Banking 30 September 2010 | Tagged , , , , , , ,

Brian Lenihan’s statement this morning.

From the Minister for Finance Brian Lenihan’s statement this morning. New NAMA adjustments 1. Loans of less than €20m not being transferred now . 2. NAMA debtors to drop from 1500 to 850 3. NAMA to abandon tranches, replaced with … Continue reading

Posted in Allied Irish Bank, Anglo Irish Bank, Brian Lenihan’s statement, Brian Lenihian, Irish Life & Permanent (IL&P), Irish Life and Perm, Irish Life and Permanent, Irish News, Irish Pirate Banks, Irish Politics, irish-banks-derivative-trading-losses, Minister for Finance | Tagged , , , , , , , , ,

Press Statement 30 September 2010

Press Statement 30 September 2010 The Central Bank today (Thursday 30 September) published its assessment of the capital requirements resulting from the recently announced restructuring of Anglo Irish Bank. In addition, the Central Bank has published the outcome of its review … Continue reading

Posted in Banking, Brian Cowen, Brian Lenihian | Tagged , , , , , , , , ,

A day of Action

 I went to Dublin to-day to protest at the continuing government support for the toxic Anglo Irish Bank .It is quite unbelievable that nearly two years have passed and no one has gone to Jail, no one has been found … Continue reading

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