Anglo Irish Bank- Latest updates from far and Wide


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Merrill Lynch Wanted Anglo Irish Bank Shut, Reveals New Recording

IBTimes.co.uk
American-investment bank Merrill Lynch, external advisor to the Brian Cowen-led Irish government in 2008 and former corporate broker to now defunct Anglo Irish Bank (AIB), had recommended that the bank be shut down. The latest set of tapped phone 
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Irish banker apologises for taped comments
Reuters
Anglo Irish ex-CEO made light of bank bailout. * In first public comments, Drumm says regrets tone and language. * Tapes prompted outrage in Ireland, criticism in EU. DUBLIN, June 30 (Reuters) – AnIrish banker taped saying he would demand cash from 
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The Quinn connection
Irish Independent
In the chaos, its executives believe that the reason their bank is failing is the country’s richest man,Sean Quinn, who has taken a gigantic bet on Anglo. In this section of the Anglo Tapes, John Bowe, the bank’s head of treasury, and Matt Moran, the 
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Cowen decision proof of FF’s cosy relationship with Anglo, says FG TD
Irish Independent
The decision taken by then Taoiseach Brian Cowen to ignore the advice of his external advisers is further proof of the cosy relationship that existed between “Fianna Fáil, their developer friends andAnglo Irish Bank,” Fine Gael TD Dara Murphy claimed 
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Anglo Tapes: Anatomy of the bank that broke Ireland
Irish Independent (blog)
The Anglo Tapes have delivered a riveting insight into the bowels of Anglo Irish Bank during the financial crisis that toppled the State. For the first time the public can feel what it was like to be some of the key men behind the fall of a bank which 
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New Tape Recordings Reveal Brazen Chicanery At Irish Bank That Soaked Its 
Forbes
Shocking tape recordings released this week display the heads of Anglo Irish Bank, the private bank favored by the wealthiest speculators and property developers behind the Irish boom, literally laughing about the subterfuges they played straight 
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Inside Anglo: Secret recordings expose strategy that sank Ireland
Irish Independent
Latest Videos. Listen: Clip 11(a) – Punch. Conversation between David Drumm, Chief Executive,Anglo Irish Bank and John Bowe, Director of Treasury, Anglo Irish Bank on December 15th, 2008. Clip 13: Moran on Quinn. Conversation between John Bowe, 
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‘Impossible to stomach’: Merkel slams Irish bankers who fudged bailout figures
RT (blog)
The internally-recorded phone calls, published earlier this week, reveal how two Anglo Irish bankexecutives misled the Central Bank of Ireland that Anglo bank required 7 billion euro to prevent its collapse. Anglo’s losses reached 30 billion euro 
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Further revelations from bank tapes
Belfast Telegraph
The former taoiseach’s government refused to shut down the AngloIrish Bank despite warnings from their external financial advisers, Merrill Lynch, that the institution was a “basket case”, the latest batch of recordings published in the Irish 
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About Old Boy

Love the past and the future but live in the present

Posted on July 1, 2013, in Banking, buisiness, Government, IMF/ECB, International affairs, Ireland, National Politics, politics, Wealth and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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