Category Archives: Banking

Markets are right to be worried

Markets are right to be worried — ‘final’ €50bn to fix banks looks like tip of iceberg Sunday October 10 2010 THE soaring cost of bailing out the banks means that Ireland is now locked out of the bond markets. … Continue reading

Posted in Bank Bailout in Ireland, Bank of Ireland, Bank Stress Tests, Banking, Brian Clowen, Brian Cowen, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , , , , , , , , , , , , ,

German war reparations

It took Germany 90 years to pay off 25 billion in war reparations for the First World War. The US gulf will need 20$ Billion to clean it up . Ireland is now been saddled with debts of 36.5 billion … Continue reading

Posted in "The-end-of-democracy", accounting gimmickry, action, Allied Irish Bank, Allied Irish Banks, Anglo Irish Bank, Anglo's restructuring plan, “Derivatives”, Bank of Ireland, Bank of Ireland Share Price, Banking, Brian Clown, Brian Cowen, Brian Lenihian, Budget 2011, Colm Doherty, Dermot Gleeson, Eugene Sheehy, German war reparations, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Press Statement 30 September 2010

Press Statement 30 September 2010 The Central Bank today (Thursday 30 September) published its assessment of the capital requirements resulting from the recently announced restructuring of Anglo Irish Bank. In addition, the Central Bank has published the outcome of its review … Continue reading

Posted in Banking, Brian Cowen, Brian Lenihian | Tagged , , , , , , , , ,

Place you’r bets on Bank Of Ireland

  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

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 , , , , , , , , , , , ,

Afghan depositors assail bank

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 , , , , , , , , , ,

“A picture is worth a thousand words”

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 , , , , , , , , , , , , , , , ,

Drip ,Drip Lies and more lies from Cowen and lenihan

Even by the standards of the global banking collapse, Anglo Irish Bank stands out. From a loan book of about 75 billion Euros when the government took over in 2009, Anglo Irish says that it has only about 12 billion … Continue reading

Posted in "The-end-of-democracy", accounting gimmickry, Allied Irish Bank, Bank of Ireland, Banking, NAMA, NAMA Fraud, NAMALAND | Tagged , , , , , , , , ,

Mr. Aynsley and the greens playing to the cameras

Mr. Aynsley of Anglo Irish Bank last night hit out at the Green Party’s call for a wind-down of the nationalized lender. He would wouldn’t he! Nobody likes to have to leave a party in full swing! And he is … Continue reading

Posted in "Too Big to Fail", accounting gimmickry, action, Bailing out the banks, Banking, European bank stress test, European Bank Stress Tests, European Commission, European commissioners, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , ,

Cutting Ireland’s Rating

by Reggie Middleton So, S&P finally gets around to Cutting Ireland’s Rating on the Cost of Bank Support, as reported by CNBC: Ireland’s financial headache worsened on Wednesday after Standard & Poor’s cut its credit rating in a move criticized … Continue reading

Posted in accounting gimmickry, action, Bank of Ireland, Banking, Finance Dublin, Finance Minister Brian Lenihan, financial irregularities at Anglo Irish Bank, Financial issues, Financial Services Regulatory Authority, Food for thought, General Election Issues for Wicklow, General Election NOW, Reggie Middleton Blog | Tagged , , , , , , , , , ,