Anglo Irish Bank- Latest updates from Home and Abroad


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Irish central bank probes tapes
South China Morning Post
“Any suggestion that the taxpayer was lured into bailing out Anglo Irish Bank under a false impression about the state of the bank’s financial condition is deeply disturbing and has to be fully investigated by the authorities,” said its finance 
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Absence of women fuelled Gordon Gekko ‘greed is good’ culture – Independent.ie

THERE is something missing from the Anglo Tapes in all their tawdry, almost satirical glory. That missing something is women. read full article

independent.ie

Bank’s shame taints Ireland in media all over the world

THE Anglo Tapes scandal continued to snowball around the world, with former manager John Bowe’s recital of ‘Deutschland Uber Alles’ and former chief executive David Drumm’s comments tha read full article

independent.ie

How bankers planned policy of deception

THE latest Anglo Tapes were recorded on September 19, 2008. read full article

independent.ie

Kenny meets Merkel for talks as her party colleagues rage

ENDA Kenny spoke with Angela Merkel yesterday – but the mounting fury in Germany over the revelations in the Anglo Tapes was not discussed. read full article

independent.ie

The Anglo Tapes has made the front page of this German tabloid

And another German newspaper says that Anglo bankers and others should be put in sack and beaten. read full article

thejournal.ie

Irish central bank probes whether tapes show rule-breaking

Globe and Mail
Ireland’s central bank will investigate whether tapes of senior bankers laughing at regulators contain evidence rules were broken during the 2008 rescue of failed lenders that eventually led to the country’s EU bailout. In a statement on Wednesday, the 
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Anglo Irish Bank German comments are ‘unbearable,’ Angela Merkel ally

Irish Independent
GERMAN people are disgusted and offended at reported comments that show executives at the failed Anglo Irish Bank Corp targeted German deposits and one banker singing ‘Deutschland ueber alles,’ a German lawmaker has told Bloomberg news.
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Drumm: ‘Another day, another billion’

In the hours leading up to the bank guarantee in September 2008, the CEO of Anglo, David Drumm, joked about the haemorrhage of cash from the bank.read full article

breakingnews.ie

Fresh questions over Drumm’s public statements on bank’s finances

FRESH questions have been raised about public declarations by then chief executive David Drumm that Anglo Irish Bank was solvent and profitable in late 2008, after the Irish Independent read full article

independent.ie

Anglo Irish Bank’s John Bowe and Peter Fitzgerald Defend Secret Phone Call 
IBTimes.co.uk
The Anglo Irish Bank bosses, who were secretly taped on the phone, have categorically denied that they deliberately misled the government and regulators about the financial health of the group, prior to the huge bailout that brought Ireland’s economy 

Irish central bank probes whether tapes show rule-breaking
Yahoo!7 News
Public outrage is growing in Ireland after a newspaper published transcripts of taped telephone conversations between executives of the now-defunct Anglo Irish Bank, wrecked when a property bubble burst in 2008 after years of reckless lending. Rescuing 

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Dublin plans Anglo Irish inquiry amid public anger
Financial Times
Dublin aims to set up a public inquiry into the banking crash in the autumn in response to deep public anger caused by the broadcast of taped phone calls suggesting Anglo Irish Bank deliberately misled the previous government into supporting the lender 
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James Moore: Irish are not laughing at bankers’ crude jokes
The Independent
Outlook Yesterday provided yet more evidence of the depths to which the banking industry sank during the lead-up to and during the crisis. The fact that it came from across the Irish Sea doesn’t make it any less relevant. Senior executives at Anglo 
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Irish bankers joke over bailout at EU’s expense
The Independent
It was not just generous Irish taxpayers being mocked by the bailout-hungry executives at AngloIrish Bank. New recordings leaked yesterday showed them laughing at the German government as it pumped billions of euros in to shore up the stricken bank.
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Anglo Irish Bank scandal: ‘we are offended’ says German politician
The Guardian
The behaviour of the Anglo Irish executives has turned them into national hate figures in the Republic and now, it appears, also in the country which has supplied most of Europe’s money to prop up not only the Irish banking system but also the entire 
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About Old Boy

Love the past and the future but live in the present

Posted on June 27, 2013, in Banking, buisiness, Government, International affairs, Ireland, politics, Wealth and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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