Anglo Irish Bank- Update From Home and Away

 

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.

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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 …

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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 … See all stories on this topic » 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 … See all stories on this topic »

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. See all stories on this topic »

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 … See all stories on this topic »

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 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

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 … See all stories on this topic »

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. See all stories on this topic »

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 …

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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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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

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