Category Archives: Irish Banking crises

spreads tell a story

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 , , , , ,

Is it time to let AIB go?

Since the Minister of Finance himself says that the still remaindering loans are only worth 40c in the euro this alone tell me that the banks is gone beyond repair as every one of his pronouncements on figures have been totally out I expect that you wouldn’t even get 10 cent on the euro Continue reading

Posted in "middle-class recession"., "The-end-of-democracy", accounting gimmickry, Allied Irish Banks, http://namawinelake.wordpress.com, Irish Bank Bailouts, Irish Banking, Irish Banking crises, NAMA, NAMALAND, namawinelake | Tagged , , , , , , , , , , , , , , , , , ,

Minister’s Statement on Banking 30 September 2010

Minister’s Statement on Banking 30 September 2010 Introduction It is an urgent and immediate priority to reinforce international market confidence in our ability and commitment to restore our banking system to health and to secure the long-term sustainability of our … Continue reading

Posted in Irish Banking crises, Minister’s Statement on Banking 30 September 2010 | Tagged , , , , , , ,