Anglo Irish Bank- Drumm didn’t want any ‘b*ll*xology’ from Central Bank ‘clowns’


Anglo: Central bank boss Honohan says people ‘energised’ by tapes

Irish Independent
Ganley shown minutes from Anglo Irish meeting on ‘overcharging’. Businessman Declan Ganley was shown minutes from a meeting at Anglo Irish Bank that raise serious questions about how interest was applied to loans.
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Tapes show Anglo executives discussed run on deposits

Irish Times
Discussing how they might encourage the Central Bank to provide “fallback” funds Mr Drumm is heard to say it may be time for Anglo Irish to have a “conversation with our friends on Dame Street [the Central Bank],” due to the volume cash withdrawals.
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David Drumm: ‘I’ll no longer be made a scapegoat for banking crisis’

Irish Independent
It is now about October 2008. Ireland has taken the disastrous decision to blanket guarantee Anglo Irish Bank as well as its other failed financial institutions. Con Horan, the man in charge of supervising Anglo for the Financial Regulator, is on the 
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‘I’m beat, I am totally beat at this stage’ – ‘Oh, join the gang, ha, ha, ha!’

Irish Independent
The State has sleepwalked into guaranteeing the liabilities of Anglo Irish Bank. Ireland is on its way toward economic collapse and the humiliation of enduring a European Union/International Monetary Fund bailout that would lead to drastic cuts in 
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Drumm didn’t want any ‘b*ll*xology’ from Central Bank ‘clowns’

Anglo executives discussed breach of liquidity rules in 2008

read full article

irishtimes.com

David Drumm attacked the ‘drip, drip, drip’ release of the tapes
RTE.ie
Former Anglo Irish Bank chief executive David Drumm has said he will no longer allow himself to be a scapegoat for the banking crisis. Mr Drumm issued his statement to RTÉ news, as the transcripts of more recordings he had with another former Anglo 
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‘The market is drunk!’
Irish Independent
S&P, the bank credit rating agency, has just issued a new note warning investors to be wary ofAnglo Irish Bank. David Drumm, the bank’s chief executive, calls up John Bowe, head of treasury, to discuss what it all means for Anglo. The conversation 
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Anglo: New tapes reveal meekness of State’s watchdogs
Irish Independent
I just was not asked about tapes, says Dukes. THE former chairman of Anglo Irish Bank did not reveal the existence of the Anglo Tapes to major inquiries into the collapse of the banking system because he was “not asked about” them.
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Ganley shown minutes from Anglo Irish meeting on ‘overcharging’
Irish Independent
Businessman Declan Ganley was shown minutes from a meeting at Anglo Irish Bank that raise serious questions about how interest was applied to loans. Also in this section. Super-rich duped in €30m US land scheme · Beer could be the answer to all our 
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About Old Boy

Love the past and the future but live in the present

Posted on July 8, 2013, in Banking, buisiness, Government, IMF/ECB, Ireland, politics and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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