Tag Archives: Central Bank and Financial Services Authority of Ireland

ECB refuses to hand over November 2010 threat letter sent to Brian Lenihan

By Namawinelake The story of Ireland’s bailout in November 2010 has been partly told in dribs and drabs. Governor of the Central Bank of Ireland, Patrick Honohan said that the Minister for Finance in November 2010, the late Brian Lenihan … Continue reading

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Central Bank not printing punts, just euro

The Central Bank of Ireland has said it is not printing Irish punts and is only printing euro at the moment. The bank said it would not comment on what it called “speculation” in today’s Wall Street Journal that it is … Continue reading

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Paddy Honohan, the Irish Central Bank and Justice for the Irish People

                                                                           By Christopher M. Quigley B.Sc., M.M.II., M.A. Paddy Honohan, Governor of the Irish Central Bank, shamed himself when he gave testimony to the Oireachtas Finance committee today.When asked about debt forgiveness for struggling Irish citizens he retorted that it … Continue reading

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Ireland Should Consider Joining the Sterling Area or the Dollar.

By Christopher M. Quigley B.Sc., M.M.I.I., M.A.  “On Thursday 18th November 2010 The IMF arrived in the Emerald Isle. What a sad sad day that was  for the proud people of Ireland. Following 300 years of armed struggle. the then resident … Continue reading

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How much additional state funding will Anglo need?

By Namawinelake Alan Dukes, the chairman of Anglo Irish Bank (“Anglo”) has gone very quiet of late. It seems only yesterday that the former finance minister and former leader of the Fine Gael party couldn’t contain himself with proclaiming his projections … Continue reading

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WHY ISN’T THIS GUY the TAOISEACH of IRELAND?

From Irish Central comes this column from Christopher M. Quigley, who calls himself a Dublin-based financial expert and writer.  He calls for Ireland to drop the euro and adopt either the dollar or the British Pound Sterling: “On Thursday 18th … Continue reading

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“Houston (EU) We have a problem”

I see in the Irish Times today that the Central Bank‘s level of emergency liquidity provided to Irish banks last month, was €53.7 billion While the bank does not disclose the exact figure for the amount of emergency liquidity it provides, the … Continue reading

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Has there been a change of tone at the IMF?

by namawinelake  There have been a number of statements from the IMF this week which suggest an apparent change in tone towards Ireland’s financial difficulties, now that former managing director and, by the bye, French presidential candidate, Dominique Strauss-Kahn (DSK) … Continue reading

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The lunacy of Government treasury management

 by Dr. Constantin Gurdgiev      Namawinelake blog has an excellent post on the lunacy of Government treasury management exposed by the CBofI’s latest accounts –  read it here. On April 7, 1775, Samuel Johnson made his famous pronouncement: “Patriotism … Continue reading

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New Central Bank of Ireland figures show no slow-down in deposit flight

April 29, 2011  by namawinelake Figures released by the Central Bank of Ireland (CBI) this morning for the month of March 2011 show that the flight of deposits from Irish banks shows no sign of slowing down. From an Irish … Continue reading

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