Tag Archives: Bonds

Irish bank debt negotiations going nowhere

Posted on September 10, 2012 by

We have become used to broken promises in this financial crisis. Remember Enda Kenny in December 2010 after the Greens had pulled the plug on the previous administration and political parties were on an election footing. Remember “Mr Kenny said … Continue reading →

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€12m Anglo senior unsecured unguaranteed bond paid in full today

Posted on June 29, 2011 by

That’s more than the cost of the Jobs Initiative for one week. By namawinelake The cost of Minister Noonan’s inaction on Anglo Irish Bank (“Anglo”) and Irish Nationwide Building Society (INBS) is highlighted today as Anglo repays a €12m senior unsecured unguaranteed bond … Continue reading →

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Michael Noonan Spin and more spin !

Posted on June 27, 2011 by

Finance Minster, Michael Noonan before he got into government said that the bail bailout was a bad deal for Ireland.”It’s been priced too high”. The money that was been borrowed was been borrowed at 2.8% and we’re paying 5.8%. “3% of … Continue reading →

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This is the time for us to play hardball with the ECB and the Bondholders

Posted on May 6, 2011 by

At least the Greeks are now been honest and they realize that they cannot continue rewarding bondholders and the corrupt practices of the ECB by taking on Austerity measures that are hurting its own people .As I have saying all … Continue reading →

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Citibank email sparks rumours of Greek default over Easter weekend

Posted on April 21, 2011 by

By Namawinelake  It’s “devoid of any substance and verge on the ridiculous” according to the Greek finance ministry but as Greek 10-year bonds touch even greater highs this afternoon – presently trading at 14.9% mid-point – it seems that something may … Continue reading →

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Bondholders must be “Hedged” so why are we still expected to pay them out in Full??

Posted on February 21, 2011 by

  I was on East CoastRadio  this morning  and I revealed that any bondholders worth his salt  must have had insurance against any loss on their positions (they must have been “hedged”) here is a video on one such hedging tools and there … Continue reading →

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What’s new?

Posted on February 20, 2011 by

What’s new?  This week it emerged more than half of the bondholders – whom it is often said should be burned by Ireland – may be located in Ireland. What are senior and junior bondholders?  Senior bank bonds and second-class … Continue reading →

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Paul Maher sends us this mail

Posted on January 10, 2011 by

By Paul Maher To my mind, walking away from or defaulting on a mortgage in negative equity, makes perfect personal economic sense. You survive. You learn. You live to fight another day without the millstone around your neck. No longer … Continue reading →

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The Monte scam is been palyed on the Irish Taxpayers

Posted on November 13, 2010 by

Brian Lenihan is trying on the Three Card Monte with the taxpayers of this country He and Cowen are no better than those street hustlers trying to rob you of your money   They are three round discs The Banks … Continue reading →

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Accounting gimmickry at the Dept Finance ?

Posted on November 12, 2010 by

      Originally Posted: By Gavin Sheridan 11 Nov 2010 02:42 AM http://www.thestory.ie Last month Anglo confirmed that it had repaid €7.9bn in bonds at the end of September. According to the Irish Independent: Banking sources yesterday stressed that there was … Continue reading →

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