Blog Archives
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
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 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 |
Anglo recordings may lead to a less polite banking inquiryIrish Times |
Day one: Clip 1 – The Central Bank MeetingIrish Independent
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Report: Former Anglo Irish head regrets tone in bank rescue callsEurope Online Magazine |
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
Drumm breaks silence in US to say ‘sorry’
Fianna Fáil told: “Come clean on Anglo Tapes” – Local
‘AIB and Anglo lending to every cowboy in town’
Drumm says bank guarantee not sought
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