Category Archives: Anglo Irish Bank

Anglo is splitting in two

Posted on September 8, 2010 by

Anglo Irish Bank will be split into an asset recovery bank and a funding bank, the Department of Finance said today. The recovery bank, or so-called bad bank, will be eventually be sold or its assets will be run down … Continue reading →

Posted in "hedge fund on steroids, accounting gimmickry, Anglo Irish Bank | Tagged

“A picture is worth a thousand words”

Posted on September 8, 2010 by

Europe’s biggest can of worms is overflowing again. Fears that Europe’s banks are vulnerable to losses on risky government bond investments are sending shivers through the European bond markets, especially Ireland and Greece. Investors are dumping risky bonds tied to … Continue reading →

Posted in "hedge fund on steroids, "The-end-of-democracy", A New Irish Citizens Political party, AAA. An open letter to the Taoiseach, accounting gimmickry, action, Action on unemployment now!, Allied Irish Banks, Anglo Irish Bank, Bailing out the banks, Banking, Brian Clowen, Brian Lenihian, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Irish Bond prices and yields | Tagged , , , , , , , , , , , , , , , ,

Should the transfer of Anglo’s remaining NAMA tranches be put on hold ?

Posted on August 27, 2010 by

from source http://namawinelake.wordpress.com/author/namawinelake/ Should the transfer of Anglo’s remaining NAMA tranches be put on hold pending clarification of Anglo’s total costs? namawinelake | August 27, 2010 at 10:15 am Anglo has transferred a cumulative total of €16bn of its NAMA-bound … Continue reading →

Posted in "The-end-of-democracy", accounting gimmickry, action, Action on unemployment now!, Anglo Irish Bank, Bankruptcy Data, Brian Cowen, Brian Lenihian, Central Bank Governor, Chairman of the Audit Committee, Citizens Association of the Bewildered (CAB), Community Issues, current affairs (Irish), Department of Social and Family Affairs, Derivatives market, Dr. Constantin Gurdgiev, European bank stress test, European Bank Stress Tests, European Central Bank, European Commission, European sovereign states' spreads, Fiannia Fail, Finance Dublin, Finance Minister Brian Lenihan, financial irregularities at Anglo Irish Bank, Financial issues, Financial Services Regulatory Authority, Former Finance Director and Chief Risk Officer, Genève Convention, General Election Issues for Wicklow, General Election NOW, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Michael Kennedy TD X Finance for Small Business X First-Step Microfinance X Ms Norma Smurfit X philanthropy X Venture Capital X Microfinance X Social Finance Foundation | Tagged , , , , , , , , , , , , , ,

Cowen & Lenihan spin doesn’t wash with the markets

Posted on August 25, 2010 by

SAN FRANCISCO (MarketWatch) – Standard & Poor’s Ratings Services downgraded Ireland’s credit rating Tuesday on concern about the cost of bailing out the country’s ailing banks. S&P lowered Ireland’s long-term sovereign credit rating to AA- from AA and kept its … Continue reading →

Posted in "The-end-of-democracy", accounting gimmickry, action, Anglo Irish Bank, Anglo's restructuring plan, Ireland quarterly deficit, Ireland's NTMA, Ireland's sovereign bond rating, Irelands New Financial Regulator, Irish Banking, Irish debtclock, Irish financial issues, Irish Financial News, Irish Government, Irish National Debt, Irish News, Irish Pirate Banks, Irish Politics, Irish Revolution, Standard & Poor's Ratings Services | Tagged , , , , , , , ,

Michael Collins would take out his revolver……………..

Posted on August 22, 2010 by

The German economy is poised to grow by about 3% this year, after growing at its fastest rate for more than 20 years during the April-to-June quarter. That spurt has led the Bundesbank central bank to raise its growth estimate … Continue reading →

Posted in Anglo Irish Bank, Bailing out the banks, Banking, Brian Cowen, Brian Lenihian, Michael Collins | Tagged ,

Lenihan approved pay rises for senior staff at Anglo Irish Bank.

Posted on August 19, 2010 by

Further details have emerged today of how Finance Minister Brian Lenihan approved pay rises for senior staff at Anglo Irish Bank. According to the Irish Times, Brian Lenihan bypassed recommended levels for senior executives last year, following discussions with the … Continue reading →

Posted in Anglo Irish Bank, Brian Cowen, Brian Lenihian, General Election NOW | Tagged ,

News Flash !

Posted on August 11, 2010 by

News flash From our well hidden cameras in the department of Finance we can now exclusively reveal here on Machholz blog ,this footage of what happened to Brian Lenihan when he saw the real state of Anglo Irish banks bad … Continue reading →

Posted in Anglo Irish Bank, Brian Lenihian, Fun | Tagged , , , , ,

Extending the Bank Garantee for Anglo

Posted on August 6, 2010 by

Anglo Irish Bank’s chief executive has said the bank guarantee will have to be extended because the financial system has not yet stabilised. In an interview with RTÉ News, Mike Aynsley said the bank also wanted to put Arnotts back … Continue reading →

Posted in accounting gimmickry, Anglo Irish Bank | Tagged ,

The wholesale robbery of the Irish people goes on!

Posted on July 19, 2010 by

(NAMA) has completed the transfer of the second tranche of loans from Allied Irish Banks, Bank of Ireland, Irish Nationwide Building Society and EBS. The Agency has acquired loans with a nominal value of €5.2 billion Full PFD report here … Continue reading →

Posted in "The-end-of-democracy", A New Irish Citizens Political party, accounting gimmickry, action, action on Jobs, Action on unemployment now!, Allied Irish Bank, Allied Irish Banks, Anglo Irish Bank, Bailing out the banks, Bank of Ireland | Tagged , , , , , , , , ,

Unelected Taoiseach Cowen

Posted on July 19, 2010 by

Unelected Taoiseach Cowen    has criticised what he called the pervasive negativity in the media about the Irish economy. Commenting on the downgrading of the economy by Moody’s, Brian Cowen said the National Treasury Management Agency had made clear we … Continue reading →

Posted in accounting gimmickry, action, Action on Environment issues, action on Jobs, Action on unemployment now!, Anglo Irish Bank, Berti Ahern, Bertie Ahern, Brian Cowen, Brian Lenihian, Former Taoiseach X Bertie Ahern X tax-free status X artists' exemption scheme X Ahern autobiography, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Ireland's sovereign bond rating, Irish Unemployment | Tagged , , , , , , , ,