Tag Archives: AIB

AIB And ‘Fraud Of The Highest Order’

This bank [AIB], which is still trading in the US/Ireland and is still accepting deposits and making loans, appears to have some pretty fishy underpinnings. So begins a an alarming if somewhat baffling blog post by Trading analyst Reggie Middleton … Continue reading

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AIB piles pressure on homeowners by raising variable mortgage rate

BAILED-out AIB is to hike its mortgage costs for customers on variable rates from September. Its move was followed within hours yesterday by Bank of Ireland and its subsidiary ICS, both of which are increasing mortgage rates for new borrowers. … Continue reading

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Has Queen Elizabeth II been NAMAed?

By namawinelake Probably not, but a development on her property apparently is subject to a NAMA loan It seems that Ascot Racecourse in England had obtained a GBP 200m (€230m) loan from Allied Irish Banks (AIB) to develop a grandstand at the … Continue reading

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What now for NAMA 2 and NAMA 3?

  By Namawinelake To date, NAMA has acquired €71bn of loans for which it has paid €30bn. Up to last week, there were some €17bn of additional loans to acquire from the banks. That changed yesterday. The €17bn of loans … Continue reading

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New NAMA Bill represents lunacy

New NAMA Bill represents lunacy apex in policy response to the financial crisis  By namawinelake source http://wp.me/pNlCf-Z2 NAMA’s valuation methodology for sub-€20m loans after the abandonment of loan-by-loan due diligence and valuation. The %s used are illustrative. A couple of … Continue reading

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Cowen can’t answer a simple question

Listen to this http://news.bbc.co.uk/today/hi/today/newsid_9197000/9197192.stm

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Crises what crises?

   Brian lenihan and Brian Cowen Just over the wires , Brian Cowen has acknowledged that talks are now in progress what an idiot We all know this and have known this since last week the real problems are the banks … Continue reading

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Bare-Faced Lies comming from the Goverement!

http://www.bloomberg.com/video/64569080/ It is a demonstration of lack of creditability in our own politicians when we have to resort to scouring the internet to get to the truth about our countries financial position. We are being openly lied to, yes bare-faced lies, … Continue reading

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The crisis comes to pass

Posted: By Gavin Sheridan of  http://www.thestory.ie  We have warned time and time again that Ireland was facing a massive fiscal crisis, both on here and on Twitter. We took a look back through the archives to see what we might … Continue reading

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He could be talking about Ireland

I agree we need to be concentrating of  industrious business ,why can’t I but Irish made shirts, shoes, Irish made bicycles, for god sake Irish made anything? 75% of our business here in Ireland is services, and we are now … Continue reading

Posted in "middle-class recession"., "The-end-of-democracy", accounting gimmickry, action, action on Jobs, Action on unemployment now!, Bailing out the banks, Bank Bailout in Ireland | Tagged , , , , , , , , , , , , ,