Category Archives: Bailing out the banks

He could be talking about Ireland

Posted on November 10, 2010 by

I agree we need to be concentrating of  industrious business ,why can’t I but Irish made shirts, shoes, Irish made bicycles, for god sake Irish made anything? 75% of our business here in Ireland is services, and we are now … Continue reading →

Posted in "middle-class recession"., "The-end-of-democracy", accounting gimmickry, action, action on Jobs, Action on unemployment now!, Bailing out the banks, Bank Bailout in Ireland | Tagged , , , , , , , , , , , , ,

spreads tell a story

Posted on November 2, 2010 by

CDS spreads   Mr Lenihan, these figures tell the Irish People the real story the spreads cannot be dismissed and you are going to have to come clean on the true nature of the Banks derivatives time bomb No more account … Continue reading →

Posted in "The-end-of-democracy", accounting gimmickry, “Derivatives”, Bailing out the banks, Bank Bailout in Ireland, Brian Lenihian, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Irish Bank Bailouts, Irish Banking crises, Irish Bond prices and yields | Tagged , , , , ,

Angela Merkel consigns Ireland, Portugal and Spain to their fate

Posted on November 2, 2010 by

Angela Merkel consigns Ireland, Portugal and Spain to their fate Germany has had enough. Any eurozone state that spends its way into a debt crisis or cannot adapt to a monetary union set for Northern rhythms will face “orderly” bankruptcy. … Continue reading →

Posted in "The-end-of-democracy", A two-tiered Euro, accounting gimmickry, Anglo Irish Bank, Anglo's restructuring plan, “Derivatives”, Bailing out the banks, Ramond Crotty | Tagged , , , , , , , , , , ,

A Tribute to Mr. Raymond Crotty

Posted on November 1, 2010 by

A Tribute to Mr. Raymond Crotty 1925-1994 Economics Lecturer Trinity College Dublin, Ireland. Ludwig Von Mises Quote: “Everyone carries a part of society on his shoulders. No one is relieved of his share of responsibility by others and no one … Continue reading →

Posted in "hedge fund on steroids, "middle-class recession"., "The-end-of-democracy", A two-tiered Euro, AAA. An open letter to the Taoiseach, accounting gimmickry, Bailing out the banks | Tagged , , , , , , | 1 Comment

How spin works

Posted on October 13, 2010 by

There you have it Brendan Keenan (Independent Newspapers) says the banks are fine swallowing the government’s line that the Irish Banks aren’t insolvent. Then we had Professor Morgan Kelly (UCD) advocating allowing the non retail (Anglo Irish Bank) banks to … Continue reading →

Posted in Bailing out the banks, Bank Bailout in Ireland, Bank of Ireland, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , ,

Bank of Ireland and accounting gimmickry

Posted on October 1, 2010 by

Bank of Ireland announced that €2.1bn of formerly NAMA-bound loans would not be going to NAMA. Where are they going, if anywhere? Why are they not going to NAMA? Is this a further contraction in NAMA’s performing loan portfolio (BoI … Continue reading →

Posted in accounting gimmickry, Anglo Irish Bank, Anglo Irish Bank, Bailing out the banks, Bank of Ireland, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , , , , , , , | 1 Comment

Place you’r bets on Bank Of Ireland

Posted on September 28, 2010 by

  A few months ago, I said that  Bank of Ireland share price would fall  to 55 cent  and even lower down to the 20’s . Any of my followers that took heed of my advice will now be nursing huge … Continue reading →

Posted in Allied Irish Bank share price, Allied Irish Banks, Anglo Irish Bank, Anglo Irish Bank, Bank of Ireland, Bank of Ireland Share Price, Banking, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Irish Banks shares | Tagged , , , , , , , , , ,

Lenihan logic: heads you win and tails you win for the bondholders

Posted on September 28, 2010 by

Irish Finance Minister Demonstrates that he doesn’t believe in Capitalism By The Fundamental Analyst, on September 24th, 2010 Here again we see another case of those that embraced capitalism on the way up, shudder at the consequences when things go … Continue reading →

Posted in Anglo Irish Bank, Anglo Irish Bank, Bailing out the banks, Bank of Ireland, Banking, Brian Cowen, Brian Lenihian, Finance Dublin, Finance Minister Brian Lenihan, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , , , ,

Sorting out the financial crisis

Posted on September 19, 2010 by

A series of unconventional interviews . This week, Tony Soprano namawinelake | September 19, 2010 at 6:02 am | Categories: NAMA | URL: http://wp.me/pNlCf-AM This week sees the first of five weekly interviews in which aspects of Ireland’s financial crisis … Continue reading →

Posted in Anglo Irish Bank | Tagged , , , , , , ,

Afghan depositors assail bank

Posted on September 10, 2010 by

Angry Afghan depositors assail bank Looking at this video clip I am immediately struck with the questions of whether the directors of the Anglo Irish Bank and the other bailed out banks Directors have engaged in shipping off funds to … Continue reading →

Posted in accounting gimmickry, action, Afghanistan Banks, Anglo Irish Bank, Bailing out the banks, Bank of Ireland, Banking, derivatives bubble | Tagged , , , , , , , , , ,