Category Archives: Irish Banking

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

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

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 , , , , , , , , ,

Irish banks are still in denial

While all the focus has been on losses at Anglo Irish, the other Irish banks are in denial about the scale of State support needed. It is time to face the facts: the three viable banks need over €17 billion, … Continue reading

Posted in Allied Irish Bank, Allied Irish Banks, Anglo Irish Bank, Bank of Ireland, Irish Banking, Irish Bond prices and yields, Irish budget deficit, Irish financial issues, Irish National Debt, Irish Politics, IRISH TIMES, Irish Times.com, PETER MATHEWS | 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 "The-end-of-democracy", accounting gimmickry, action, Anglo Irish Bank, Anglo's restructuring plan, Ireland quarterly deficit, Ireland's NTMA, Ireland's sovereign bond rating, Irelands New Financial Regulator, Irish Banking, Irish debtclock, Irish financial issues, Irish Financial News, Irish Government, Irish National Debt, Irish News, Irish Pirate Banks, Irish Politics, Irish Revolution, 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 "The-end-of-democracy", A New Irish Citizens Political party, accounting gimmickry, action, action on Jobs, Action on unemployment now!, Allied Irish Bank, Allied Irish Banks, American International Group (AIG), and Stimulus., Back to education, Back to Education Allowance, Back to Education Programme, Back to School, Bailing out the banks, Bank für internationalen Zahlungsausgleich, Bank für internationalen Zahlungsausgleich, Bank for International Settlements, Bank of Ireland, Bank repossessions in Ireland, Banking, Brian Cowen, Brian Lenihian, Central Bank Governor, China, Chinese dollar peg, Chinese economic policy, concerned citizens of Wicklow town, currency movements, current affairs (Irish), Current Affairs US, Deutsche Bank, Die EU-Kommission, Dollar, EU micro-finance facility, EU monetary union, Euro, Euro -Dollar Dance, Euro Crisis, European Central Bank, European Commission, European Investment Bank, European sovereign states' spreads, 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, Fianna Fail, Fiannia Fail, Finance Dublin, Finance Minister Brian Lenihan, financial irregularities at Anglo Irish Bank, General Election Issues for Wicklow, General Election NOW, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Hyperinflation, Hyperinflationary, institutional investors, international bond holders, International news, International Securities Exchange, International Victims, Irelands New Financial Regulator, Irish Banking, Irish civil service, Irish Constitution, Irish debtclock, Irish Dole queues, Irish financial issues, Irish Financial News, Irish Government, Irish Life & Permanent (IL&P), Irish National Debt, Irish Nationwide, Irish News, Irish Peoples Union, Irish Pirate Banks, Irish Politics, Irish Revolution, Irish Taxpayers, Irish Unemployment, machholz blog, Market meltdown, Market meltdown, NAMALAND, National Asset Management Agency, National Emergency Plan for jobs, News from the US, No 2 NAMA campaign, No to bank bailouts, No2NAMA, political accountability, political dinosaurs, protests in Dublin streets, PUBLIC SERVICE UNIONS, Shell, shell to sea, Shell to Sea activists, TD' Perks, TD's lucrative expenses, TD'Pensions, TDs lavish expenses, The NAMA gravy train, The National Inflation Association, The Renminbi, The Truth About Retail Sales, the Unemployed, Toxic assets of Irish banks, Toxic Banks, U.S. inflation, U.S. Treasury, U.S. Treasury Department, Unemployed in Ireland, Unemployed United, Unemployment, Unemployment in Ireland, Union for the unemployed in Ireland, US Dollar, US Economic Recovery, US government, US Hyperinflation, US interest rates, US national debt, US News, US Treasury, US Unemployment, US-Treasuries, www.wealthbuilder.ie | 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 accounting gimmickry, action, Allied Irish Bank, Allied Irish Banks, Anglo Irish Bank, Annual Report & Accounts for Anglo Irish Bank, Bailing out the banks, Bank for International Settlements, Bank of Ireland, Banking, Brian Cowen, Brian Lenihian, Budget 2009, Central Bank Governor, Colm Doherty, current affairs (Irish), Dermot Gleeson, Eugene Sheehy, Fairytales, Fianna Fail, Finance Dublin, Finance Minister Brian Lenihan, financial irregularities at Anglo Irish Bank, Financial Services Regulatory Authority, Foreign bond holders, former Bank of Ireland chairman Richard Burrows, General Election Issues for Wicklow, General Election NOW, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Green Party, IMF financial aid recipients, Ireland's NTMA, Irelands New Financial Regulator, Irish Banking, Irish budget deficit, Irish Crime, Irish debtclock, Irish Dole queues, Irish financial issues, Irish Financial News, Irish Government, Irish Life & Permanent, Irish News, Irish Pirate Banks, Irish Politics, Irish property News, Irish Revolution, Irish stock market, IRISH TIMES, Irish Unemployment, Mr. John Gormley, NAMA, NAMA Fraud, NAMALAND, namawinelake, National Asset Management Agency (NAMA), National Emergency Plan for jobs, No 2 NAMA campaign, No to bank bailouts, No2NAMA, NTMA, political accountability, political dinosaurs, Preliminary Report Into Ireland's Banking Crisis, Recession, referendum on NAMA, Regling-Watson report | Tagged , , , , , , , , , , , ,

Billions for NAMA and sod the rest of us!

Posted in Irish Politics, Irish Financial News, Health, Green Party, NAMA, Brian Cowen, General Election Issues for Wicklow, Hospital Services, action, John Gormley, Irish Government, Liam Carroll, Irish Pirate Banks, No2NAMA, No 2 NAMA campaign, TDs lavish expenses, political dinosaurs, Irish Peoples Union, NAMALAND, General Election NOW, Minister of finance, National Emergency Plan for jobs, People power, protests in Dublin streets, Irish Revolution, A New Irish Citizens Political party, referendum on NAMA, accounting gimmickry, Action on unemployment now!, action on Jobs, Tánaiste Mary Coughlan, The Green Party, Garda authorities, The Dail, Irish Constitution, political accountability, jobseekers allowance, Minster Brian Lenihian, Irish Banking, Taoiseach Brian Cowen, Brian Lenihian, NAMA Fraud, Irish financial issues, Healthcaire, Bailing out the banks, Banking, "The-end-of-democracy", eirigi, No to bank bailouts, eirigi.org, Right to work campaign, Shell to Sea activists, current affairs (Irish), irishleftreview.org/ | Tagged , , , , , , , , , , , , , ,

The right to work Campaign (3)

Posted in Irish News, Irish Politics, Irish Financial News, Health, Irish local community blog, Wicklow Blog, Wicklow communities blog, Green Party, NAMA, Fianna Fail, Brian Cowen, Irish Justice, Unemployment in Ireland, Unemployed in Ireland, Union for the unemployed in Ireland, Unemployed United, Ireland's NTMA, Irish Congress of Trade Unions, action, John Gormley, Irish Government, Irish Pirate Banks, Anglo Irish Bank, No2NAMA, No 2 NAMA campaign, Toxic Banks, Irish Peoples Union, NAMALAND, General Election NOW, We want jobs now, The NAMA gravy train, People power, Financial Services Regulatory Authority, accounting gimmickry, Wicklow's Unemployed, Action on unemployment now!, action on Jobs, Wicklow Blogs, The Green Party, The Dail, Depression, Toxic assets of Irish banks, political accountability, Irish Unemployment, Irish Minimum wage, the Unemployed, jobseekers allowance, Minster Brian Lenihian, Irish debtclock, The Gardaí, Irish budget deficit, Irish Banking, financial irregularities at Anglo Irish Bank, Irish Taxpayers, Brian Lenihian, Fiannia Fail, NAMA Fraud, Irish financial issues, Wicklow community blog, Bailing out the banks, The Irish Congress of Trade Unions, Irish Dole queues, The Euro NAMA, Banking, "The-end-of-democracy", eirigi, Dail Gates, No to bank bailouts, Minister for Social Protection, James Connolly, http://www.eirigi.org/, eirigi.org, Right to work campaign, http://www.wsm.ie/, current affairs (Irish) | Tagged , , , , , , , , , , , ,

Protesters at Anglo Irish Bank

  It appears the four people on ledger were arrested as well as two or three people who had been outside. All this took place in the space of ten minutes. Inspector Gannon who led the assault on Shell to … Continue reading

Posted in "The-end-of-democracy", A New Irish Citizens Political party, accounting gimmickry, action, action on Jobs, Action on unemployment now!, Allen Dukes, Anglo Irish Bank, Banking, Citizens Association of the Bewildered (CAB), Consumer issues /cars, eirigi, Fairytales, Fiannia Fail, Finance Minister Brian Lenihan, financial irregularities at Anglo Irish Bank, Financial Services Regulatory Authority, Foreign bond holders, Garda authorities, Global Sovereign Credit risk report, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Green Party, Irish Banking, Irish budget deficit, Irish civil service, Irish Congress of Trade Unions, Irish Constitution, Irish Crime, Irish debtclock, Irish Dole queues, Irish financial issues, Irish Financial News, Irish Justice, Irish News, Irish Pirate Banks, Irish Politics, Irish property News, Irish Revolution, Irish Taxpayers, Irish Unemployment, irish-banks-derivative-trading-losses, John Gormley, Minister of finance, Minster Brian Lenihian, NAMA, NAMA Fraud, Nama on Youtube, NAMALAND, namawinelake, National Asset Management Agency, No 2 NAMA campaign, No to bank bailouts, No2NAMA, People power, political accountability, political dinosaurs | Tagged , , , , , , , , , , ,