Daily Archives: May 25, 2012

Spain’s bank, Bankia update!

Posted on May 25, 2012 by

Spain’s fourth-largest bank, Bankia, has asked the government for a bailout worth 19bns euros ($24bn; £15bn). Bankia also restated its results – now saying it made a 2.98bn-euro loss for 2011 rather than the 309m euros in profit it announced in … Continue reading →

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Johnny B. Goode – Back to the Future (9/10) Movie CLIP (1985) HD

Posted on May 25, 2012 by

Greek Euro Exit By Numbers (UPDATE )

Posted on May 25, 2012 by

By Laura Clarke and Katie Martin (Dow Jones) The prospect of Greece leaving the euro is the only thing anyone is talking about in the markets at the moment. It even has its own nickname: Grexit. While the world holds … Continue reading →

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PETER SELLERS – ‘A Drop Of The Hard Stuff’ – 1958

Posted on May 25, 2012 by

One in 13 mortgage accounts in Ireland is now over six months in arrears

Posted on May 25, 2012 by

Reblogged from NAMA Wine Lake: An Taoiseach Enda Kenny described it as the biggest financial challenge facing this country when he spoke in front on President Bill Clinton at the Global Irish forum at Dublin Castle last October 2011. Since … Continue reading →

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We should default on this odious debt now !

Posted on May 25, 2012 by

By Thomas Clarke I am listening to the news at one on RTE and I am hearing that Business activity in the euro zone contracted at its steepest rate in nearly three years in May, even powerful Germany buckled under … Continue reading →

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EUROBLOWN: Why I’m betting that Germany will leave before Greece.

Posted on May 25, 2012 by

Yesterday in Brussels, Herman Van Rompuy opened the anarchic proceedings by saying he sensed “a strong will to compromise”. Something of a surreal soundbite and, as usual with the Nipponese Bard, completely wrong. The popular maverick site Zero Hedge referred to … Continue reading →

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