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Tag Archives: Irish nationwide building society
By Laura Noonan Monday August 29 2011 ANGLO Irish Bank‘s management believe the nationalised lender could be wound up in as little as three or four years, the Irish Independent has learnt. The news comes days after its chief executive, … Continue reading
Allied Irish Banks (NYSE:AIB), Ireland’s second largest bank, reported on Friday its American Depositary Shares (ADS) have now ceased trading on the New York Stock Exchange. The Irish bank said its ADS shares, each representing ten ordinary shares, have been … Continue reading
Yesterday again the Sunday papers were just the pits and just as depressing .then this morning I finds this. I can still hear Michael Noonan calling on the Irish public to go out and spend. ( http://www.thejournal.ie/spend-spend-spend-and-boost-irelands-recovery-162513-Jun2011/) Well I can … Continue reading
By Namawinelake Yesterday, Minister for Finance, Michael Noonan was probably the first senior minister to broach the truth. Speaking to RTE following the publication of the June 2011 Exchequer Statement, he indicated that the adjustment needed in 2012 would be in the order … Continue reading
By Laura Noonan and Donal O’Donovan Saturday July 02 2011 THE State’s stake in AIB is set to rise to 99.8pc by the end of the month, it emerged last night, as the financial markets absorbed an unprecedented number of announcements … Continue reading
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
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
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