Tag Archives: SIMON CARSWELL

NAMA and Paddy McKillen

SIMON CARSWELL Finance Correspondent VALUERS FOR the National Asset Management Agency (Nama) cut the valuation given by Anglo Irish Bank to four of Paddy McKillen’s prime US properties by 27 per cent but said that his five-star London hotels were … Continue reading

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Anglo released McKillen from liability over €40m loan

Anglo released McKillen from liability over €40m loan SIMON CARSWELL, Finance Correspondent ANGLO IRISH Bank has no recourse to pursue Paddy McKillen for any of the €40 million it lent him to buy shares in the bank. Mr McKillen was … Continue reading

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No accountabilityfrom Walsh!

Walsh defends Irish Nationwide board  By SIMON CARSWELL, Finance Correspondent Irishtimes .com   THE FORMER chairman of Irish Nationwide, Michael Walsh, has said anyone who was involved in banking during the crisis was unhappy with what had happened. Speaking as … Continue reading

Posted in Bank Bailout in Ireland, Irish nationwide building society, Michael Walsh | Tagged , , , , , , , ,

The cost to the Irish taxpayer

SIMON CARSWELL   Photo Machholz  What the bailout is costing Irish taxpayers Anglo  – €29.3 billion (including €22.9 already committed by Government) – could go to €34.3bn in severe worst-case AIB  – up to €6.5 billion (including €3.5 billion already invested by … Continue reading

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Nationwide issues €4bn in bonds to itself

Nationwide issues €4bn in bonds to itself In this section » Lenihan says key bodies backed guarantee move By SIMON CARSWELL IrishTimes.com IRISH NATIONWIDE: IRISH NATIONWIDE has issued €4 billion of Government-guaranteed bonds effectively to itself. It can use the … Continue reading

Posted in IrishTimes.com, Nama bonds, Thestory.ie, US Financial affairs | Tagged , , , , , , , ,

Anglo resists Nama loan bid

Anglo accuses NAMA of “factual errors”. Pots and kettles to have a slanging match? July 20, 2010 by source namawinelake Simon Carswell in today’s Irish Times reveals further evidence from the Paddy McKillen v NAMA case, now set down for four … Continue reading

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Lies and dam Lies from Brian Lenihan!

Quotes from Brian Lenihan since the bank guarantee: Source http://www.thestory.ie photo Machholz On Breakfast with Newstalk, April 26 2010. First of all, that’s the position in 2009, Eurostat hasn’t decided it yet, that’s our assesment of how they will decide … Continue reading

Posted in accounting gimmickry, action on Jobs, Action on unemployment now!, Allied Irish Bank, Anglo Irish Bank, Annual Report & Accounts for Anglo Irish Bank, Bailing out the banks, Bank of Ireland, Brian Lenihian, Ernst & Young, Fiannia Fail, Finance Minister Brian Lenihan, financial irregularities at Anglo Irish Bank, Financial Services Regulatory Authority, Fine Gael, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Ireland's NTMA, Irelands New Financial Regulator, Irish Banking, Irish financial issues, Irish Financial News, Irish News, Irish Politics, Irish property News, Irish Taxpayers, IRISH TIMES, Irish Unemployment, irish-banks-derivative-trading-losses, Joan Burton, PricewaterhouseCoopers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

NAMA’s special purpose vehicle(Up-Date)

By SIMON CARSWELL PRIVATE INVESTORS will be able to participate through the asset managers of the State’s largest banks and Aviva in investing in a majority stake in the special purpose vehicle (SPV) behind the National Asset Management Agency (Nama). … Continue reading

Posted in Allied Irish Bank, Bank of Ireland, Irish Life & Permanent (IL&P), IRISH TIMES, NAMA, SIMON CARSWELL | Tagged , , , , , ,

Banks await loan acquisition schedules

Nama has missed three deadlines as lenders and the agency struggle with complex valuations, according to by SIMON CARSWELL  source http://www.irishtimes.com/newspaper/finance/2010/0227/1224265277431.html NOW THAT the valuationshas signed off on the National Asset Management Agency (Nama), the delayed task of transferring the … Continue reading

Posted in 1, Allied Irish Banks, Anglo Irish Bank, Ashford Castle, Bernard McNamara, Derek Quinlan, EBS building society, G Hotel, Irish Nationwide, Jervis Street Shopping, Joe O'Reilly, K Club, Liam Carroll, Paddy McKillen, Seán Mulryan, SIMON CARSWELL, The Irish Times, Treasury Holdings | Tagged , , , , , , , , , , , , , , , , , , ,