Blog Archives

Anglo Irish Bank – Updates


Coming Soon to a Cinema Near you Bankula

Starring

David Drumm

The Undisputed  Master of Horror Banking

mySuperLamePic_da121ea7149f1d24c1361c21c2f6c810

Honohan – Anglo Tapes could lead to criminal prosecutions

Irish Independent
The development comes as the Irish Independent has learned the Director of Public Prosecutions is close to determining whether disgraced Anglo Irish Bank chief executive David Drumm will face criminal charges here, it is understood. In his first 
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US firm of disgraced former Anglo boss shut by authorities

THE US firm set up by disgraced former Anglo Irish Bank boss David Drumm has been dissolved after he failed to file any company records over the last two years. read full article

independent.ie

Ireland President Michael D Higgins slams those involved with the Anglo Irish 

IrishCentral
Ireland’s President Michael D Higgins has slammed the content of the infamous Anglo Irish Banktapes and claimed those responsible do not speak for the Irish people. The President was cheered when he made the remarks at a community garden party at his 
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Noonan: Sanctions against anyone who fails to cooperate with banking inquiry

Irish Independent
Minister Noonan made his comments in Limerick today where he agreed that the former Anglo Irish Bank chief executive David Drumm should co-operate, if he is part of any inquiry. The under fire former chief of Anglo has apologised for using 
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Family defend Lenihan after Drumm attack on Anglo Tapes

Irish Independent
The tapes reveal that former Anglo Irish Bank chief executive David Drumm wanted to “punch” the former finance minister in frustration during the banking crisis. Ms O’Rourke said the comments displayed an attitude that Mr Lenihan did not succumb to.
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Anglo tapes: Department of Finance records may provide answers to disturbing 

Irish Times
 be possible to forward legally privileged documents. Amid the drip-feed of information from Anglo, the wait continues for the full story of what really went on when the people of Ireland took on the debts of a crippled banking system. Tue, Jul 2 
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Matt Cooper attacked by Drumm for Haughey comparison

Irish Independent
At the time, Cooper wrote: “It doesn’t help when David Drumm, the Anglo Irish Bank boss who was paid €5.9m last year, says that the Irish people are realistic and would tighten their belts when they had to. “Remember the hypocrisy of Charlie Haughey 
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Fionnan Sheahan: Apologies are all well and good – but Drumm must face the 

Irish Independent
How did Anglo Irish Bank manage to get into a position where it would require a state bank guarantee, an injection, nationalisation and liquidation – contributing to the country as a whole needing a bailout, which is inflicting pain on every citizen in 
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Time for Drumm to return and face questions after ‘sorry’


Herald.ie
Five things to do. It comes after former Anglo Irish Bank chief executive Mr Drumm apologised for the language and tone of the Anglo tapes – but not for the lender’s role in the economic crisis. His expressions of remorse and regret have been brushed 
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‘Lenihan acted in Ireland’s interests unlike Taoiseach’

Herald.ie
The former Fianna Fail TD was also fiercely critical of Taoiseach Enda Kenny for saying there was an “axis of collusion” between her party and Anglo Irish Bank. In the latest revelations from the Anglo Tapes, former Anglo CEO Mr Drumm said he wanted to 
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We’ll help gardai with probe, says Bank governor

THE Central Bank is examining whether Anglo Irish Bank “deliberately misrepresented” its position when it sought taxpayer support in 2008, according to the Governor Patrick Ho read full article

independent.ie

Ministers fear inquiry will prejudice future trials

CABINET ministers are worried about an Oireachtas banking inquiry, or witnesses before it, jeopardising any cases against former Anglo Irish Bank officials.read full article

independent.ie

xxxxxx

March Ireland- Jail the Bankers


  • Hello thanks so much for the invite to the page. I am living in the bog lands my whole life and these EU makey uppy laws are a crock. Thought you guys might like this event. Might be good time to get your messages seen on some placards. Its very frustrating how little people know about the bog. It could really help people realise what is happening.
    Keep up the good work!
    March 🙂

    400 people marched on Sat 29th June through Dublin and decided to call a follow up protest at the Dail while it sits on Weds night at 6pm.

    The Dail is open until 9pm on Weds.

    So tell everyone to get to the protest this Weds!

    https://www.facebook.com/events/169550859889655
    we have 72 hours build up to this even if you are not free invite all your friends they might end up inviting someone who is free . its us or them what will you spend your time posting about ???
    SUPPORT THE PROTEST COPY & PASTE THIS MESSAGE

 

Anglo Irish Bank- Update From Home and Away


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Anglo tapes: Department of Finance records may provide answers to disturbing questions

Background: The secret paper trail may come to light as political pressure builds read full article

irishtimes.com

Irish politicians ultimately to blame for Irish property crash and burn
IrishCentral
The BBC among others gave prominent coverage to Drumm’s apology for the nasty language on the now infamous tapes and also focused on his call for a new inquiry into what happened when Ireland gave complete guarantees to Irish banks at the height of 

Irish banking tapes strengthen Merkel’s hand
MarketWatch
The leaked recordings, made shortly after the Irish authorities agreed on a blanket guarantee for sixIrish banks in September 2008 amounting to 250% of Irish gross domestic product, were published last week by the Irish independent newspaper. Reuters.

Allied Irish Banks seen as reckless as Anglo calls reveal
Financial Times
“They [Bank of Ireland] think that Allied have played fast and loose with lending money to every cowboy in town – apart from ourselves also lending money to every cowboy in town,” John Bowe, Anglo Irish’s former head of capital markets, told David 

Anglo Irish Bank’s ex-CEO David Drumm Apologises for ‘Inappropriate 

IBTimes.co.uk
Defunct Anglo Irish Bank’s former chief David Drumm apologised for ‘inappropriate language’ and tone used in secret phone call recordings between executives, which some have suggested, wilfully misled the government over the financial health of the 
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Micheál Martin: ‘There is no mystery about what happened on the night of the bank guarantee’

The Fianna Fáil leader has defended the actions of his predecessors in an interview this morning. read full article

thejournal.ie

Anglo recordings may lead to a less polite banking inquiry

Irish Times
Some money for the Irish banks is only a sideshow to the bigger debate about austerity and the role of the ECB. Paradoxically, it would seem from reports over the weekend that the Germans are turning the Anglo tapes to their advantage, putting them 
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Day one: Clip 1 – The Central Bank Meeting

Irish Independent
Comments. Email; Print; Font Size. Conversation between John Bowe, Head of Capital Markets,Anglo Irish Bank, and Peter Fitzgerald, Director of Retail Banking, Anglo Irish Bank. Download our Free iPhone App Now. Download our Free Android App Now.
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Report: Former Anglo Irish head regrets tone in bank rescue calls

Europe Online Magazine
Transcripts of the call were released last week by the Irish Independent, prompting outrage. German Chancellor Angela Merkel called the conversations “unbearable,” especially one in which a banker begins humming Germany’s World War II-era anthem 
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Lisa McInerney: We tolerate cute hoors, we end up with Anglo tape types

Our capacity for putting up with ‘charismatic’ cowboys is no longer a bad national joke – it’s our national downfall. read full article

thejournal.ie

Drumm breaks silence in US to say ‘sorry’

FORMER Anglo chief executive David Drumm has denied there was any attempt by the bank to mislead the Central Bank and the regulator about the state of its financial woes. read full article

independent.ie

Fianna Fáil told: “Come clean on Anglo Tapes” – Local

Sinn Féin finance spokesperson, Pearse Doherty TD, commenting on the latest revelations from the Irish Independent about the Anglo Irish Banks’ executives taped telephone conversations, says Fianna… read full article

donegaldemocrat.ie

‘AIB and Anglo lending to every cowboy in town’

Allied Irish Bank was viewed by its main competitor as lending money to “every cowboy in town”, senior bankers reveal in the Anglo Tapes. read full article

independent.ie

Drumm says bank guarantee not sought

Former Anglo chief executive claims Irish public being ‘misled’ by leaked tapes read full article

irishtimes.com

Anglo Irish Bank- Latest updates from far and Wide


bank cartoon

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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Anglo Irish Bank – Latest


Some Headlines

sundayindo-e1372549059382

Kenny bows down before his masters

 

 

LAST week, Enda Kenny effectively quit as Taoiseach. When the Anglo recordings surfaced and the giggles of gobshite Irish bankers reverberated across Europe, his duty as Taoiseach was c read full article

independent.ie

Anglo executives discussed pressurising Lenihan

Senior executives from Anglo Irish Bank discussed putting pressure on the then Minister for Finance Brian Lenihan in December 2008 in the latest recordings to emerge from the Anglo tapes, which are published in tomorrow’s Sunday Independent.read full article

rte.ie

Anglo Irish Bank faces claim of €1bn ‘overcharging’
Irish Independent
At least one case has been rejected by the Irish courts under the IBRC Liquidation Act that requires lawsuits to be approved by the High Court. An appeal to the Supreme Court is being considered. The liquidation means that the IBRC liquidator can take 
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Further revelations from bank tapes

Fresh revelations in the Anglo-tapes scandal about Brian Cowen‘s administration shows his party was willing to save the failing bank at any cost, his political opponents claimed. read full article

independent.ie

Fomer Anglo Irish Bank chief David Drumm apologizes, says inquiry needed on bank guarantee

Fomer Anglo Irish Bank chief David Drumm apologizes, says inquiry needed on bank guaranteeread full article

irishcentral.com

Drumm said he would ‘probably punch’ Brian Lenihan on Anglo Tapes

It has emerged that the former CEO of Anglo Irish Bank David Drumm said he would read full article

breakingnews.ie

Drumm: They seem to be disproportionately angry at us

David Drumm believed that the Fianna Fáil-led Government’s external advisors Merrill Lynch were ‘disproportionately angry’ with Anglo Irish Bank. read full article

breakingnews.ie

Anglo Tapes: Anatomy of the bank that broke Ireland

The Anglo Tapes have delivered a riveting insight into the bowels of Anglo Irish Bank during the financial crisis that toppled the State. read full article

independent.ie

Drumm claimed Merrill wanted Anglo nationalised immediately

FG says decision to ignore advice is evidence of cosy relationship between FF, developers and Anglo read full article

irishtimes.com

German finance minister slams Irish bankers as ‘aloof super humans’

BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble slammed Irish bankers caught on tape joking about a bailout, calling them “aloof super humans” worthy of contempt… read full article

news.yahoo.com

‘Avarice and utter contempt’ in latest Anglo recordings 

Senior executives from Anglo Irish Bank discussed putting pressure on the then Minister for Finance Brian Lenihan in December 2008 in the latest recordings to emerge from the Anglo tapes. read full article

irishecho.com.au

Anglo Irish Banks -Most Recent Updates from home and Abroad


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Banks treated Irish people with contempt, says O’Malley

Irish Times
“The contempt shown by Anglo Irish Bank for the Irish people and for their welfare and their public institutions was probably not very different from the attitude taken up by some of the other banks. We just do not have first-hand aural evidence of the 
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Merkel calls Anglo Irish Bank chatter damaging to democracy

Deutsche Welle
In Ireland, transcripts of telephone conversations between employees from 2008 at Anglo Irish Bankhave caused a massive outrage. In the tapes, the workers make fun of the government’s decision to guarantee bank liabilities at the height of the 
See all stories on this topic »
 

Anglo Irish tapes are only the tip of the iceberg when it comes to other banks

IrishCentral
Not surprising given the fact that while former chief executive of Anglo Irish Bank, David Drumm, and his senior executives, Peter FitzGerald and John Bowes, joked, mocked and cursed at the Irish tax payers’ expense, their reckless behaviour was 
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Money trail

David Drumm carried out a number of personal financial moves that coincided with Anglo’s demise, writes investigative correspondent Conor Ryan read full article

irishexaminer.com

The Anglo Tapes, The Guarantee And Ireland’s Economic Crisis

Probably the biggest economic story in Europe this week has been the release of recorded phone calls from 2008 between executives of the now-notorious Anglo Irish Bank.  Anglo was a recklessly… read full article

forbes.com

Irish PM shocked by ‘vulgar’ Anglo Irish Bank tapes
New Straits Times
BRUSSELS : Irish Prime Minister Enda Kenny said Friday he was thunderstruck by leaked tapes at the centre of a scandal at the bailed-out Anglo Irish Bank which he said has tarnished Ireland’s reputation. But Kenny said after an EU summit in Brussels 
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Mocking Germans Adds Irish Insult to Banking Injury
Bloomberg
Irish politicians say jibes at Germans by some of the country’s former bankers undermine their case for securing help to cut the 64 billion-euro ($83 billion) bill for saving the financial system. John Bowe, a former executive at the now defunct Anglo 
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Anglo Irish Bank scandal ‘damages democracy’, Angela Merkel says
The Guardian
Angela Merkel has expressed “contempt” for the disgraced Anglo Irish Bank executives caught on tape mocking Germany’s involvement in the institution’s €30bn (£25.7bn) bailout. The German chancellor delivered a strong condemnation of the revelations, 

Irish, German leaders slam Anglo bank’s arrogance
Businessweek
BRUSSELS (AP) — German Chancellor Angela Merkel on Friday blasted newly disclosed comments by former directors of Ireland’s most notorious bank, who mocked foreign depositors and conspired to conceal the true scale of their losses while winning a 

Irish PM Enda Kenny attacks bankers – video
The Guardian
Speaking at the EU summit in Brussels, Enda Kenny, the Irish prime minister, gives his response to recordings of Anglo Irish Bank staff joking about a bailout deal and mocking Germany. His comments follow an accusation from the German chancellor 

Anglo Irish Bank Update Plus Other Irish News


O’Brien’s Digicel loses out in Burma

Winners of sought-after licences include Norway’s Telenor read full article

irishtimes.com

Anglo bankers believed they could force an outcome at expense of State

Leaked recordings reveal bankers thought they could fool regulators read full article

irishtimes.com

Tapes show Anglo Irish boss demands
Belfast Telegraph
Anglo Irish Bank bosses were ordered to go down to the Central Bank with “arms swinging” to demand a multibillion-euro taxpayer bailout, latest leaked tapes reveal. Also in this Section. Man quizzed over double murder · Fast-growing firms create 90 
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German media fury at jibes of Anglo bankers
Irish Times
On Tuesday morning Dan Mulhall, the Irish Ambassador to Germany, gave an upbeat assessment of Ireland’s economic recovery and its EU presidency on Germany’s equivalent of RTÉ Radio 1. Just 24 hours later, he had a far less pleasant task: sending an 

Anglo revelations ‘stomach churning’ says Varadkar
Irish Times
Revelations of the behaviour and attitude of Anglo-Irish Bank executives before and after the introduction of the bank guarantee in September 2008 were stomach churning, the Minister for Transport, Leo Varadkar, has said. Speaking in Dublin as he 

Complaint filed with gardai over Anglo executives

Anti-austerity campaigners ask for three senior bankers to be charged read full article

irishtimes.com

Prostitution Law » Bock The Robber

This proposed prostitution law is going to run into the same problems as all the other attempts to deal with the subject because it’s fundamentally not amenable to logic. I personally find the notion of prostitution revolting, but that’s not a reason to ban it.  I also find Youth Defence,  Bono and Fianna Fáil repulsive […]read full article

bocktherobber.com

Norris rejects call to criminalise purchase of sex

Independent Senator also criticises Taoiseach over Seanad abolition proposal read full article

irishtimes.com

Europe expects Ireland to exit bailout without a deal for AIB and the Bank of Ireland

Connection between Ireland’s sovereign and banking debts remains intact read full article

irishtimes.com

Ireland slips back into recession 

Ireland is officially back in recession after the government’s planned export-led recovery took a hammering. read full article

irishecho.com.au

Irish economy back in recession amid exports slump
Financial Times
The bad news comes after shocking revelations this week about Irish bankers’ attitudes to the billions of taxpayers’ money used to rescue the banks at the start of Ireland’s financial crisis. “The economy is still ‘flatlining’ and net exports are a 

ESB staff anger over €400m pension move

Trustees chairman warns payment to Government puts scheme under severe financial strain read full article

irishtimes.com

Quinn family fight against Anglo closest yet to banking inquiry

Material given to the Quinn family, in its battle with the former Anglo Irish Bank, indicates what would be revealed in a banking inquiry read full article

irishtimes.com

Varadkar says new abortion referendum would have to be about more than suicide

Minister asks FG colleagues to reflect on Bill before voting against it read full article

irishtimes.com

Timmins to vote against abortion Bill

Fine Gael TD for Wicklow to join two others and break Government ranks read full article

irishtimes.com

Banks can no longer ‘kick the can down the road’ on mortgage crisis, says Minister

Central Bank code on mortgage arrears a ‘charter for home repossessions’, FF says read full article

irishtimes.com

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 

download (7)
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 
See all stories on this topic »
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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 

Anglo Irish Bank News update as viewed from home and abroad


‘So, [the loan] is bridged, until we can pay you back . . . which is never’

Banker laughs at making repayments and mimics voice of Financial Regulator read full article

irishtimes.com

Anglo Irish bankers ‘tricked’ government into bailout

Telegraph.co.uk
The partial transcripts, published in the Irish Independent newspaper, appeared to show the bank’s then head of capital markets, John Bowe, admitting that Anglo had deliberately hoodwinked the government over the size of the bailout required. Speaking

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

Ireland’s rage over Anglo-Irish rescue revelations is justified – Enda Kenny
The Guardian
Ireland’s prime minister, Enda Kenny, said Irish people were entitled to be angry about revelations that an executive at the firm that almost bankrupted the country boasted he had picked the €7bn (now £6bn) figure purportedly needed to rescue Anglo 
See all stories on this topic »

Irish bankers ‘hoodwinked’ government over bailout, secret recordings show
The Guardian
Taped phone calls between two senior executives at Anglo Irish have compounded suspicions in the Republic that bankers lured the then Fianna Fáil led government during the crash of September 2008 into a costly financial trap by saving the debt-stricken 
See all stories on this topic »

Kenny Faces Irish Bank Inquiry Calls as Anglo Tapes Released
Bloomberg
Irish Prime Minister Enda Kenny faced growing calls for an inquiry into the collapse of Anglo IrishBank Corp. after the Irish Independent released recordings of talks between executives as the lender sought a bailout. The partial transcripts from 

Tapes expose culture within toxic Irish bank 

Senior figures in the former Anglo Irish Bank, John Bowe and Peter Fitzgerald, were recorded discussing how the toxic lender was seeking a €7 billion rescue fund, but that it needed more. read full article

irishecho.com.au

Irish Government to Push for Banking Inquiry
Wall Street Journal
DUBLIN—The Irish government is determined to implement new laws to help launch the country’s first wide-ranging inquiry into the causes of its banking debt crisis and help assuage “the rage and the anger” of people deeply affected by it, Irish Prime 
See all stories on this topic »
Anglo Irish still offering insight into banks’ crisis
Financial Times
A phone call between two executives at Anglo Irish – just days before Dublin issued a blanket guarantee to its banks in mid-September 2008 – suggests the bank wilfully deceived regulators about its financial health, an allegation that John Bowe, head 
See all stories on this topic »

Finance Minister had ‘no idea Anglo phone recordings existed’

FINANCE Minister Michael Noonan had no idea the Anglo tapes existed until he read yesterday’s Irish Independent. read full article

independent.ie

Abuse the bank guarantee, don’t get caught – Drumm

ANGLO Irish Bank boss David Drumm laughed about “abusing” the bank guarantee and warned his executives not to be caught abusing it, the Anglo Tapes reveal. read full article

independent.ie

Former executive John Bowe denies misleading Central Bank

JOHN Bowe says that he “categorically denies” the allegation that he misled the Central Bank or was aware of any strategy to do so. read full article

independent.ie

Bounced into the bank bailout

A recorded conversation between senior officials at former Anglo Irish Bank appears to confirm what the public has long suspected: that the Central Bank and last government were bounced into bailing out the banking system and lacked detailed knowledge of the extent of the crisis. The manner in which this exercise was conducted: through obfuscation, veiled financial threats and political pressure, exposes a clientelist system where power and contacts are paramount and nobody is held to…. read full article

irishtimes.com

Bank inquiry to begin by autumn, say Coalition sources

John Bowe says he deeply regrets tone and language he used in phone call read full article

irishtimes.com

‘Anglo tapes show need for banking inquiry’ – man who wants to run inquiry

Ciarán Lynch, the chair of the Oireachtas finance committee, says the tapes may be “the tip of the iceberg”. read full article

thejournal.ie

 

 

Bugger the Bankers


Many thanks to http://bearspawprint.wordpress.com/ for this video. It is very apt given what has come to light in relation to Anglo Irish Bank

Anglo Irish Bank- News roundup


They gambled all our futures but it was just fun and games for bankers – Independent.ie

 

‘Fun and games, yeah.” The future of the country is being gambled and it’s all just fun and games for the executives in Anglo Irish Bankread full article

independent.ie

Tapes that reveal what really led to national collapse

Fitzgerald asked Bowe how they had arrived at the €7bn figure for the Central Bank. He replied: ‘As Drummer (CEO David Drumm) would say, picked it out of my arse’ read full article

independent.ie

The recording: Key quotes

* Look, c’mere . . . What’s goin’ on?’ read full article

independent.ie

Q&A: What’s in recordings – and why they’re so significant

Q The tapes are fascinating, but at the end of the day, isn’t it just two colleagues having a light-hearted conversation? Why should we care? read full article

independent.ie

Inside Anglo: Listen to the full recordings

Listen to the conversations between Peter Fitzgerald and John Bowe of Anglo Irish Bank. read full article

independent.ie

Two Anglo executives deny misleading Central Bank

The Central Bank was told by Anglo Irish Bank in 2008 that €7 billion in funding was needed to stabilise it – but a senior Anglo executive said to a colleague the true cost would be higher. read full article

rte.ie

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