Daily Archives: February 8, 2011

Just more of the same old promises of change

Posted on February 8, 2011 by

By Fionnan Sheahan, Aine Kerr and Fiach Kelly Tuesday February 08 2011 NEW Fianna Fail leader Micheal Martin‘s attempt to promote his new political reform package was overshadowed last night by his refusal to give up his €90,000 pay-off as … Continue reading →

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Max on the oil price

Posted on February 8, 2011 by

IRISH banks are paying an interest rate of less than 3pc on the €51bn

Posted on February 8, 2011 by

By Laura Noonan Tuesday February 08 2011 IRISH banks are paying an interest rate of less than 3pc on the €51bn of ‘emergency liquidity assistance’ (ELA) that has been sanctioned for them by the Central Bank of Ireland. Several informed … Continue reading →

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Is Another Banking Crisis Inevitable?

Posted on February 8, 2011 by

By Reggie Middleton Today, Bloomberg reports that Goldman Sachs Turns Bullish on Europe Banks as Debt Risk Eases.The report goes on to state: The U.S. bank that makes the most revenue from trading advised investors to take an “overweight” position … Continue reading →

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NTMA takes lead in selling Anglo and INBS deposit books

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By namawinelake Significantly this time, reporters from the paper of record, the Irish Times and State-broadcaster, RTE were allowed sit in on the court proceedings at the High Court this morning where certain directions were sought and granted in respect … Continue reading →

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Recent earnings growth is simply not sustainable (Markets)

Posted on February 8, 2011 by

  Market cheerleaders keep ratcheting up expected earnings, failing to note that much of the recent earnings growth is simply not sustainable. Reasons for Unsustainable Earnings Growth Much of the recent earnings growth is directly related to federal stimulus that … Continue reading →

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