Anglo fiasco is Ireland’s Enron

Anglo Irish Bank is Ireland’s Enron, and those responsible for destroying shareholders’ assets should be pursued accordingly ... . This column pointed out time and again that this explosion of credit could only have its balance [more...]

Date: 2009-01-18 03:45:11

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Allied Irish: Too Good to Be True?

Allied Irish Banks PLC (AIB) is Ireland’s largest bank, and in the last two years the company’s shares have been on a relentless march downwards ... has faltered in the global credit crisis. However, as bad as the stock performance has been, AIB still looks [more...]

Date: 2009-01-14 10:06:31

Stop the World, I Want to Get Off

Assume the crash position. U.S. stock-index futures are pointing to another dark day on Wall Street ... , as Germany and Ireland have done, backing loans among banks, and pumping cash into banks by buying ... , fear continues to grip the credit markets. The three-month dollar Libor, or the London interbank [more...]

Date: 2008-10-10 14:02:57

Ireland nationalizes Anglo Irish bank

The Irish government scrapped a planned recapitalization of Anglo Irish Bank and moved straight to full nationalization ... Complete) Iceland (Bradt Travel Guide) Poverty in America: A Handbook Use of Weapons Disreputable History ... nationalizes second-largest bank Irish property dam about to burst Post from: Credit Writedowns Please [more...]

Date: 2009-01-15 21:26:31

Links: 2009-01-16 - Banks, Ireland, and Africa

There is a lot of news out there so I have broken the links up into distinct sections. But, I have three topics of particular note today ... are imploding and that is bad ews for African economies. As bad as it is in the G-7 and the West ... $2.6bn - Times Online Bank of America Receives $138 Billion of Rescue Funds - Bloomberg.com Banks’ Loan [more...]

Date: 2009-01-16 14:45:49

Global Banking Collapse Fault Of Top IMF Nations

October 1, 2008 Elaine Meinel Supkis Little Ireland, the darling of last year, ... of global banking and is failing miserably due to eating excessive credit rather than creating credit [more...]

Date: 2008-10-01 13:48:37

January 8 - Microsoft/IBM Rumors Swirl - Jobless Claims Fall to 467,000 - Lenovo (China)/Dell (Ireland)/TDK (Japan) Layoffs - Spring Global Ends Jobs for 365 - 111 Depart at Trane - 1000 Less Jobs at Schlumberger - Layoff Outrage of the Day: Banks Offshoring IT Jobs -

        The Layoff Outrage of the Day:  Mike: I thought I would title the daily discussion to save readers any confusion about my intentions, which are simply to highlight a daily kick in the butt to the workers and taxpayers of America. Today I’ll discuss the often mentioned subject of outsourcing [more...]

Date: 2009-01-08 13:55:13

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