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Archive for the 'Banks' Category

This is a drawing of the wallchart I used during the talk I gave at yesterday’s Unlock Nama demonstration.

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Some thoughts on this Irish Times article about Merkozy’s designs on our precious corporation tax rate. Admittedly, it raises only superficial points, but still…
The Government is facing a new threat to its corporate tax regime as Germany and France push for the acceleration of moves to create a pan-European business tax system.
It’s not new. It’s […]

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I’m working on a paper on NAMA at the moment, but I’ve been so tied up with other stuff that I’m only getting around to reading its 2010 annual report.
It’s incredible stuff.
NAMA actually tells us that a number of the loans transferred in Autumn 2010 have serious title, security and paperwork issues.
But […]

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Via

This quote is taken from the above interview at around 2:40
Interviewer: “Would you get in and invest in a bank and maybe start one?
DOB: I was on the board of a bank maybe five years ago - it’s too slow moving a business for me - I like fast moving businesses.
Interviewer: […]

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The hugely impartial Frances Ruane of the ESRI was a former non-executive director of Depfa Bank, which was based in the IFSC and which collapsed in 2008, costing the German taxpayer, via its forced ownership of Hypo Real Estate, well over 100 billion euro. The ‘hands-off’ regulation of the IFSC was key to Depfa’s business […]

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This guy’s a fucking moron.
I’m doing some research on video clips relating to the crisis, and just came across this beauty from 23 September 2010 - one month before the ECB/IMF bailout - where Denis O’Brien tells Bloomberg that Ireland is in recovery, that it has done everything right, and that Irish banks are […]

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[Photo from Cork City Community Centre Facebook page]
From the Cork Evening Echo:
Protestors linked to the occupy cork group claim to have taken control of a vacant building in the city centre.
The group claims the three-storey building on Oliver Plunkett street, and is therefore taxpayers’ property. The want to use the building for community services such […]

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EURO WORKSHOP REPAIRS


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