Category Archives: “hedge fund on steroids

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

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

How Gangsters are Saving the Eurozone

Posted on August 8, 2010 by

How Gangsters are Saving the Eurozone By: Pravda Stephen Fidler writes: Gangsters, drug dealers and criminals engaged in money laundering appear to be helping to shore up the financial stability of the eurozone. That is thanks to the demand, European … Continue reading →

Posted in "hedge fund on steroids, Gary Gensler, money laundering, The European Central Bank | Tagged , , , , , , , ,