Blog Archives
Anglo Irish Bank
Sunday Independent to reveal more Anglo tapes
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Seán Quinn used British Virgin Islands company to invest in Russian developmentIrish TimesThe offshore company was used several years before Quinn was accused by the former Anglo Irish Bank of using a British Virgin Islands company to put multimillion of euros in assets beyond the reach of the bank. Lawyers for Anglo Irish, now known as … See all stories on this topic »
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Opinion: Anglo tapes leave job-hunting former staff reelingBut one group of victims now stand doubly victimised – former employees of the old Anglo Irish Bank, who are still on the staff of IBRC. Professionals who had nothing to do with the high-risk approach at the top. People who, quite literally never did … See all stories on this topic » |
Anglo Irish Bank – Updates
Coming Soon to a Cinema Near you Bankula
Starring
David Drumm
The Undisputed Master of Horror Banking
Honohan – Anglo Tapes could lead to criminal prosecutionsIrish Independent
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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
Ireland President Michael D Higgins slams those involved with the Anglo Irish …IrishCentral
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Noonan: Sanctions against anyone who fails to cooperate with banking inquiryIrish Independent
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Family defend Lenihan after Drumm attack on Anglo TapesIrish Independent |
Anglo tapes: Department of Finance records may provide answers to disturbing …Irish Times
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Matt Cooper attacked by Drumm for Haughey comparisonIrish Independent |
Fionnan Sheahan: Apologies are all well and good – but Drumm must face the …Irish Independent |
Time for Drumm to return and face questions after ‘sorry’
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‘Lenihan acted in Ireland’s interests unlike Taoiseach’Herald.ie |
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
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
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Anglo Irish Bank – Latest
Some Headlines
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
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
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
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
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
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
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
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
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
‘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
Anglo Irish Bank- Latest updates from Home and Abroad
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
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
How bankers planned policy of deception
THE latest Anglo Tapes were recorded on September 19, 2008. read full article
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
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
Irish central bank probes whether tapes show rule-breakingGlobe and Mail
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Anglo Irish Bank German comments are ‘unbearable,’ Angela Merkel allyIrish Independent |
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
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
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 …
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 …
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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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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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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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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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 Bank. read full article
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
The recording: Key quotes
* Look, c’mere . . . What’s goin’ on?’ read full article
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
Inside Anglo: Listen to the full recordings
Listen to the conversations between Peter Fitzgerald and John Bowe of Anglo Irish Bank. read full article
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