Daily Archives: June 27, 2011

Irish Life and Permanent will be effectively nationalised with the injection of up to €3.8 billion

Article by SIMON CARSWELL Irish Life and Permanent will be effectively nationalised with the injection of up to €3.8 billion in State funds by the end of next month, the company has confirmed. The company told shareholders in a circular published … Continue reading

| Tagged , , , , , , | 3 Comments

A Brief History of the Corporation: 1600 to 2100

sent int to us to day On 8 June, a Scottish banker named Alexander Fordyce shorted the collapsing Company’s shares in the London markets. But a momentary bounce-back in the stock ruined his plans, and he skipped town leaving £550,000 in … Continue reading

| Tagged , , , , , , ,

Money talks and Bullsh** walks!

namawinelake has a new posting about “Niall Mellon on NAMA “– “money is not my god”, “I’m not one of these developers looking for €200k salaries” but he welcomes NAMA’s profit-sharing initiatives. Niall Mellon, the property developer behind Knockrabo Developments and the … Continue reading

| Tagged , , , , ,

WSJ – International Banking Is in Crisis

Monday, June 27, 2011 – by Staff Report at the Daily Bell We are confronting a crisis, all right, but it is not a Greek crisis, unless uncertainty as to the date of that country’s de facto default counts as … Continue reading

| Tagged , , , , , , , ,

Diarmaid O Seigefriede explaines the scam !

This is an excellent comment on the article I wrote “Michael Noonan Spin and more spin!”this comment was sent in to us this by Diarmaid O Seigefriede who is currently in Spain I understand.Diarmaid’s comment I thought merits a page posting of … Continue reading

| Tagged , , , , , ,

The IMF = “shake-down artists” Gansters to you and me !

The IMF = “shake-down artists” Gangsters to you and me! So why are the Irish Government doing business with these mafia well because there are gangsters themselves .We the people of Ireland should take a leaf out of the fighting … Continue reading

| Tagged , , , , , , , , | 1 Comment

“ridiculous pay packages of board members of semi state bodies” Yeah!

Communications Minister Pat Rabbitte has said that it is “ridiculous” for board  members of semi-state bodies to persist in implementing pay packages that  “aren’t in the wildest dreams” of the average worker. Minister Rabbitte  made the comments following the decision by … Continue reading

| Tagged , , , , , , , | 2 Comments

Michael Noonan Spin and more spin !

Finance Minster, Michael Noonan before he got into government said that the bail bailout was a bad deal for Ireland.”It’s been priced too high”. The money that was been borrowed was been borrowed at 2.8% and we’re paying 5.8%. “3% of … Continue reading

| Tagged , , , , , , , | 7 Comments