Anglo Irish Bank News Round up from Home and Abroad


Burton calls on Cowen to reveal what happened on night of bank guarantee

Former Taoiseach Brian Cowen is under deepening pressure to come clean over the bank guarantee scheme. read full article

breakingnews.ie

Anglo Irish Bank tapes: executives mock Germans amid bailout

The Guardian
Disgraced Anglo Irish Bank chiefs were recorded singing “Deutschland, Deutschland, über alles” as they joked about German money flowing into the country after a state guarantee of its deposits, it has emerged. The bankers are heard joking and singing 

Anglotapes: If they saw the enormity of it up front, they might decide they have a choice.

Following the release of tapes of Anglo staff discussing how they present their case for support, in the lead up to the bank guarantee, there are more revelations in todays Irish Independent (which has been breaking the story). You can listen to the tapes via the Indo’s website (at the links above), but here are… read full article

sluggerotoole.com

Irish ‘rage’ after bank manipulated multi-billion bailout
EUobserver.com
BRUSSELS – Irish leader Enda Kenny has said he understands “the rage and the anger” of Irishpeople on Monday (24 June) following a leak of taped conversations by two Anglo-Irish bank bosses which indicate the Irish government was conned into 

Top Irish Bankers Hoodwinked Government Over Bailout, Secret Recordings Show
Business Insider
A top banker with the financial institution that almost bankrupted Ireland boasted that he had picked the figure of €7bn (£5.9bn) they told the Irish government was needed to rescue the Anglo Irish Bank “out of his arse.” Taped phone calls between two 

Former Anglo Irish chief executive Drumm happy to abuse State guarantee
Irish Times
David Drumm, former chief executive of Anglo Irish Bank, tells a senior manager at the bank in the latest tape revelations: “We won’t do anything blatant, but . . . we have to get the money in . . . get the f***in’ money in, get it in.” Photograph 

News 18 new results for Irish News
Anglo Irish Bank tapes: executives mock Germans amid bailout
The Guardian
Disgraced Anglo Irish Bank chiefs were recorded singing “Deutschland, Deutschland, über alles” as they joked about German money flowing into the country after a state guarantee of its deposits, it has emerged. The bankers are heard joking and singing 


The Guardian
Irish Open guide
SkySports
The Colin Montgomerie-designed course is 10 years old, has little in the way of water hazards but an abundance of deep bunkers. Despite being inland – around 10 miles west of Dublin city centre – it offers a distinct links feel. And with putting 

Anglo Irish scandal complicates Dublin’s debt negotiations
Financial Times
Senior executives at Anglo Irish Bank had laughed off concerns expressed by Irish regulators and EU governments that they were abusing the bank guarantee issued by Dublin at the height of the financial crisis by using it to lure bank deposits from the 

Irish outrage grows over ‘arrogant’ failed bank
Reuters UK
Pedestrians walk past the Anglo Irish Bank head offices, in Belfast March 25, 2010. Credit: Reuters/Cathal McNaughton. By Sam Cage and Conor Humphries. DUBLIN | Tue Jun 25, 2013 4:19pm BST. DUBLIN (Reuters) – Ireland’s deputy prime minister laid in 

Anglo Irish tapes: Executives deny misleading regulator
BBC News
Dublin is facing calls for an inquiry into its banking collapse following the release of taped conversations between executives at Anglo Irish Bank. The tapes suggest executives knew the scale of the bank’s crisis was much greater than first admitted 

Anglo Irish tapes: ‘Teeth-grinding anger’ in Ireland
BBC News
Executives at Anglo Irish Bank have denied misleading Irish authorities during the 2008 financial crisis, following the release of taped internal phone conversations. The recordings reveal executives discussing the size of a government rescue plan 

Irish bankers ‘taped joking about bailout’
The Australian
In a set of phone calls recorded five years ago, executives at the toxic Anglo Irish Bank laugh about abusing a blanket bank guarantee to beef up the books at the expense of the UK and Germany. One conversation – taped two days after the fateful 

San Jose Mercury News
DUBLIN—Ireland’s parliament will open an investigation into the disastrous bailout of Anglo IrishBank following newly disclosed recordings of telephone calls that show former directors conspiring to conceal the true scale of the bank’s losses, Prime 

Irish opposition calls for bank inquiry after tapes leak
The Star Online
DUBLIN (Reuters) – Ireland’s opposition called on Monday for a full inquiry into the collapse of the country’s financial system in 2008, after a newspaper published recordings of talks between AngloIrish Bank executives about a bailout. Rescuing 

Irish PM pledges probe into Anglo bank disaster – Live5News.com | Charleston 
Live 5 News
Democratic U.S. Rep. Edward Markey and Republican Gabriel Gomez scrambled to energize supporters and mobilize get-out-the-vote efforts in Massachusetts in the hours leading up to Tuesday’s special election to succeed…More >> 

Irish PM Pledges Probe Into Anglo Bank…
ABC News
The internally recorded calls, obtained by the Irish Independent newspaper, document how Anglo officials misled the Central Bank of Ireland that Anglo required only 7 billion euros to prevent its 2008 collapse. Anglo’s losses reached 30 billion euros 

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About Old Boy

Love the past and the future but live in the present

Posted on June 26, 2013, in Banking, buisiness, Government, Ireland, Wealth and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

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