Tag Archives: Anglo Irish

Bailout changes won’t hasten Ireland’s return to the bond markets

Posted on June 21, 2011 by

Source: http://www.independent.ie/business/european/bailout-changes-wont-hasten-irelands-return-to-the-bond-markets-or-alter-the-interest-rate-were-paying-2801180.html By   Irish Independent Q: What exactly has the EU agreed? A: Yesterday, EU finance ministers agreed that when the European Stability Mechanism, the renamed EU/IMF bailout fund, comes into force in two years’ time, it will not have … Continue reading →

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Queen Visits Ireland; All Is Forgiven?

Posted on May 20, 2011 by

Thursday, May 19, 2011 – by Staff Report Queen Elizabeth History cannot be made without making headlines, so it’s hardly surprising the Queen’s arrival in Ireland has dominated today’s national and international news. From the 85-year-old English monarch’s first few … Continue reading →

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What now for NAMA 2 and NAMA 3?

Posted on March 7, 2011 by

  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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Drumm (of Anglo Irish Bank)suffers setback in court

Posted on March 6, 2011 by

The Chatham home of disgraced Irish banker David Drumm is on the market for $5.5 million. Cape Cod Times/Christine Hochkeppel By Sarah Shemkus sshemkus@capecodonline.com March 05, 2011 BOSTON — Disgraced Irish bank chief and sometime Chatham resident David Drumm won’t … Continue reading →

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Ireland Crippled by Debt Votes for More of the Same

Posted on February 28, 2011 by

When Irish Eyes Are Voting Most of the world is focused on the Middle East and Libya, and rightly so. We will look at that in a minute. (Sidebar: the White House spelled the country “Lybia” in a recent tweet. … Continue reading →

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NTMA takes lead in selling Anglo and INBS deposit books

Posted on February 8, 2011 by

By namawinelake Significantly this time, reporters from the paper of record, the Irish Times and State-broadcaster, RTE were allowed sit in on the court proceedings at the High Court this morning where certain directions were sought and granted in respect … Continue reading →

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The Irish Economic Crisis

Posted on February 5, 2011 by

  sent in by Liam O’Mahony The Economic Crisis First Iceland. Then Greece. Now Ireland, which headed for bankruptcy with its own mysterious logic. In 2000, suddenly among the richest people in Europe, the Irish decided to buy their country—from … Continue reading →

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PwC & Anglo Irish Bank

Posted on January 30, 2011 by

sent in to-day Dear Sir, Mr.McGarry, in his last column, quoted Feargal O’Rourke, head of PricewaterhouseCooper’s tax and legal division in Dublin. Mr.O’Rourke opined on the recovery of the Irish economy. I don’t think Mr.O’Rourke, or anyone at PwC, is in … Continue reading →

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We must reinvest the State with men and women who speak the truth and act exclusively in the interests of the people

Posted on January 16, 2011 by

Brian Cowen‘s troubles are deepening by the hour. The consultation process is little more than theatre. His survival is on a thread [“hangs on a thread” or “is on a knife-edge”] as more and more of the facts emerge. The … Continue reading →

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Cowen must go now!

Posted on January 14, 2011 by

 (Reuters) – The former chief executive of Anglo Irish Bank was Friday quoted as saying that Irish Prime Minister Brian Cowen intervened with the country’s debt agency to seek financial help for the scandal-hit bank in 2008. Cowen said Thursday … Continue reading →

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