Category Archives: Irelands New Financial Regulator

More Billions to go down the Irish banks black holes

A report from Goodbody Stockbrokers has argued that the State cannot bear the losses from the banking crisis on its own. In a report on Irish debt levels, Goodbody says there should be some form of risk-sharing with bondholders. But … Continue reading

Posted in Bank Bailout in Ireland, Ireland's NTMA, Ireland's sovereign bond rating, Irelands New Financial Regulator, Irish Bailout, Irish Bank Bailout, Irish Bank Bailouts, Irish Banking, Irish budget deficit, Irish debtclock, Irish Dole queues, Irish economic crisis, Irish economy | Tagged , , , , , , , | 3 Comments

Hangover for Irish Banks

MONDAY’S jump in banking stocks was followed by a hangover yesterday as the country’s lenders pared most of the gains posted in the session. Bank of Ireland fell 4pc to 69c after Standard & Poor’s (S&P) cut its outlook to … Continue reading

Posted in accounting gimmickry, action, Bank Zachodni, Ireland's NTMA, Ireland's sovereign bond rating, Irelands New Financial Regulator, Irish Banking, Irish Bond prices and yields, Irish financial issues, Irish Financial News, Irish National Debt, Irish News | Tagged , , , , , , , , ,

Cowen & Lenihan spin doesn’t wash with the markets

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

New reserve currency

This is big trouble for the USA WASHINGTON (AP) — Regulators on Friday shut down a Nevada bank, raising to 83 the number of U.S. bank failures this year. The 83 closures so far this year is more than double … Continue reading

Posted in Irish News, Irish Politics, Irish Financial News, International news, Fianna Fail, Allied Irish Bank, Brian Cowen, General Election Issues for Wicklow, Unemployment in Ireland, Unemployed in Ireland, Union for the unemployed in Ireland, Unemployed United, Irish civil service, action, Irish Government, Irish Pirate Banks, National Asset Management Agency, No2NAMA, No 2 NAMA campaign, TDs lavish expenses, Finance Minister Brian Lenihan, political dinosaurs, Toxic Banks, Irish Peoples Union, TD's lucrative expenses, US Dollar, NAMALAND, General Election NOW, PUBLIC SERVICE UNIONS, Unemployment, National Emergency Plan for jobs, The NAMA gravy train, protests in Dublin streets, Irish Revolution, A New Irish Citizens Political party, Central Bank Governor, European Central Bank, Bank for International Settlements, US Treasury, accounting gimmickry, US Unemployment, China, institutional investors, Federal Reserve X subprime X commoditys X Oil X Berkshire X BIS X Bill Gross X Warren Buffett X Henry Paulson X Ben Bernanke X black market X Foreign exchange contracts X Listed credit derivatives X F, International Victims, Bank of Ireland, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Action on unemployment now!, action on Jobs, European Commission, machholz blog, Toxic assets of Irish banks, Allied Irish Banks, Irish Nationwide, Irish Constitution, political accountability, Irish Unemployment, EU micro-finance facility, European Investment Bank, Dollar, Euro, American International Group (AIG), US-Treasuries, the Unemployed, Irish debtclock, US interest rates, currency movements, US Economic Recovery, Euro -Dollar Dance, concerned citizens of Wicklow town, U.S. Treasury, Chinese economic policy, Chinese dollar peg, The Renminbi, Irish Banking, financial irregularities at Anglo Irish Bank, TD' Perks, international bond holders, Irish Taxpayers, Brian Lenihian, Fiannia Fail, U.S. Treasury Department, Irish Life & Permanent (IL&P), Irish financial issues, Irelands New Financial Regulator, EU monetary union, Finance Dublin, European sovereign states' spreads, Back to Education Programme, Back to School, Back to Education Allowance, Bailing out the banks, TD'Pensions, Bank für internationalen Zahlungsausgleich, Bank für internationalen Zahlungsausgleich, Deutsche Bank, Die EU-Kommission, Euro Crisis, Back to education, Irish Dole queues, Market meltdown, www.wealthbuilder.ie, International Securities Exchange, Banking, Market meltdown, "The-end-of-democracy", US government, No to bank bailouts, The National Inflation Association, US Hyperinflation, US national debt, Shell to Sea activists, News from the US, current affairs (Irish), Current Affairs US, U.S. inflation, Hyperinflation, shell to sea, US News, Irish National Debt, Shell, Hyperinflationary, The Truth About Retail Sales, and Stimulus., Bank repossessions in Ireland | Tagged , , , , , , , , , , , , , , , ,

Preliminary Report Into Ireland’s Banking Crisis 31 May 2010

After reading the Preliminary Report into Ireland’s Banking Crisis one can only come to the conclusion that Cowen and Lenihan are Guilty of “Gross Incompetence and Dereliction of Duty” And should resign immediately and be brought before the courts on … Continue reading

Posted in Irish News, Irish Politics, Irish Financial News, Green Party, NAMA, Fianna Fail, Fairytales, Allied Irish Bank, Irish stock market, Brian Cowen, Irish Crime, General Election Issues for Wicklow, Ireland's NTMA, action, Irish Life & Permanent, Irish Government, Irish Pirate Banks, Irish property News, Anglo Irish Bank, former Bank of Ireland chairman Richard Burrows, No2NAMA, No 2 NAMA campaign, Finance Minister Brian Lenihan, political dinosaurs, NAMALAND, General Election NOW, National Emergency Plan for jobs, Budget 2009, Irish Revolution, Central Bank Governor, Financial Services Regulatory Authority, Bank for International Settlements, referendum on NAMA, Foreign bond holders, accounting gimmickry, Bank of Ireland, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, IRISH TIMES, Recession, Allied Irish Banks, namawinelake, Eugene Sheehy, Colm Doherty, Dermot Gleeson, political accountability, Irish Unemployment, Irish debtclock, NTMA, Irish budget deficit, Irish Banking, financial irregularities at Anglo Irish Bank, Annual Report & Accounts for Anglo Irish Bank, Brian Lenihian, NAMA Fraud, Irish financial issues, Irelands New Financial Regulator, Finance Dublin, IMF financial aid recipients, Mr. John Gormley, Bailing out the banks, Irish Dole queues, Banking, No to bank bailouts, National Asset Management Agency (NAMA), current affairs (Irish), Regling-Watson report, Preliminary Report Into Ireland's Banking Crisis | Tagged , , , , , , , , , , , ,

Lies and dam Lies from Brian Lenihan!

Quotes from Brian Lenihan since the bank guarantee: Source http://www.thestory.ie photo Machholz On Breakfast with Newstalk, April 26 2010. First of all, that’s the position in 2009, Eurostat hasn’t decided it yet, that’s our assesment of how they will decide … Continue reading

Posted in Irish News, Irish Politics, Irish Financial News, Fine Gael, Allied Irish Bank, Ireland's NTMA, Joan Burton, Irish property News, Anglo Irish Bank, Finance Minister Brian Lenihan, Financial Services Regulatory Authority, accounting gimmickry, Bank of Ireland, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Action on unemployment now!, action on Jobs, IRISH TIMES, PricewaterhouseCoopers, Irish Unemployment, Ernst & Young, Irish Banking, financial irregularities at Anglo Irish Bank, Irish Taxpayers, Annual Report & Accounts for Anglo Irish Bank, Brian Lenihian, Fiannia Fail, Irish financial issues, Irelands New Financial Regulator, irish-banks-derivative-trading-losses, Bailing out the banks | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

House price index (Permanent TSB/ESRI)

Quarter 1, 2010 – Permanent TSB/ESRI Index crashes 10.3% for Dublin Today sees the publication of the first Permanent TSB/ESRI QUARTERLY house price index which replaces the old monthly index which was suspended following publication of the December 2009 index because … Continue reading

Posted in Annual Consumer Price Inflation, Consumer issues /cars, Environment issues, Fairytales, Fergal O’Brien X Irish Life & Permanent X standard variable mortgage X Permanent TSB X mortgage customers X Irish Banks X Irish financial issues, Finance Dublin, House prices in Dublin, House prices In Ireland, House prices in Wicklow, Ireland's NTMA, Irelands New Financial Regulator, Irish Banking, Irish budget deficit, Irish Environment Minster, Irish financial issues, Irish Financial News, Irish Government, Irish Life & Permanent, Irish Life and Perm, Irish Life and Permanent, Irish local community blog, Irish mortgage Holders, Irish News, Irish Peoples Union, Irish Politics, Irish property News, Irish Taxpayers | Tagged , , , , ,

Matthew Elderfield

  Irelands New Financial Regulator Head of Financial Supervision Central Bank of Ireland Matthew Elderfield was appointed to the position of the Head of Financial Regulation in the restructured Central Bank in January 2010. In his current role, Matthew Elderfield … Continue reading

Posted in Irelands New Financial Regulator | Tagged