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Thread: Master Loan repurchase agreements :) - our €10bn 'loan' to Anglo

  1. 3rd March 2010, 09:43 AM #1
    hammer
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    Master Loan repurchase agreements :) - our €10bn 'loan' to Anglo

    David McWilliams: Money-sucking Anglo is our financial Stalingrad - David McWilliams, Columnists - Independent.ie

    What a great article.

    Our Stalingrad

    See towards the end the term " master loan repurchase agreement" €10 billion from Irish Central Bank !!!

    <Mod> This thread merged with "Anglo owes €10 billion to Central Bank" </Mod>

    <Mod> Title extended for clarity<Mod>
    Last edited by He3; 14th March 2010 at 01:31 PM.
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  3. 3rd March 2010, 10:29 AM #2
    HarshBuzz
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    great article

    you do get the feeling that DMCW is ever so slightly peeved at Lenny for not making him his 'Special One'
    “'retail deposit flight, I don't see that as a great danger. Ireland is an island” - Brian Lenihan - to hundreds of international investors
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  4. 3rd March 2010, 10:39 AM #3
    He3
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    Quote Originally Posted by hammer View Post

    Our Stalingrad
    Our Lenihangrad.
    'Personally, I find the notion of changing our constitution in exchange for a loan absolutely disgusting'. - Tin Foil Hat
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  5. 3rd March 2010, 10:45 AM #4
    Outlander
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    Sweep it under the financial magic carpet...
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  6. 3rd March 2010, 10:47 AM #5
    katy brock
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    NAMA/ANGLO. Is it Ireland's Stalingrad?

    Or more properly, Fianna Fail's Stalingrad. Even in the face of inevitable defeat, why are our masters hell-bent on plunging us into this disaster/fiasco. Is it bullheadedness, corruption or just good old old-fashioned stupidity?

    David McWilliams: Money-sucking Anglo is our financial Stalingrad - David McWilliams, Columnists - Independent.ie

    P.S. I don't know whether David is aware of this or not, but after Paulus (the "von" was a sham) surrendered, he eventually defected to the Russians and ended his days in a nice comfy apartment in East Berlin in the early seventies (John Bruton, anyone?)
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  7. 3rd March 2010, 10:47 AM #6
    MsAnneThrope
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    Quote Originally Posted by He3 View Post
    Our Lenihangrad.
    And Moscowen

    I think his use of the word "fanatics" in the article was never more apt...
    We all love animals. Why do we call some 'pets' and others 'dinner'?
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  8. 3rd March 2010, 10:52 AM #7
    HarshBuzz
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    Quote Originally Posted by MsAnneThrope View Post
    I think his use of the word "fanatics" in the article was never more apt...
    I don't think it's apt at all

    stupid, misguided, uninformed, pig-headed, ignorant, financially illiterate...they're more apt in my opinion
    “'retail deposit flight, I don't see that as a great danger. Ireland is an island” - Brian Lenihan - to hundreds of international investors
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  9. 3rd March 2010, 10:53 AM #8
    eoghanacht
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    Quote Originally Posted by katy brock View Post
    Or more properly, Fianna Fail's Stalingrad. Even in the face of inevitable defeat, why are our masters hell-bent on plunging us into this disaster/fiasco. Is it bullheadedness, corruption or just good old old-fashioned stupidity?
    FF don't do shame nor can they admit they are mistaken. Whats good for the country is good for FF after all
    The mods have now certified me as being a sweet and reasonable human being and Supreme Leader of the P.ie muppet alliance.
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  10. 3rd March 2010, 10:53 AM #9
    HarshBuzz
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    already a thread on this katy...
    “'retail deposit flight, I don't see that as a great danger. Ireland is an island” - Brian Lenihan - to hundreds of international investors
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  11. 3rd March 2010, 10:57 AM #10
    katy brock
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    Quote Originally Posted by HarshBuzz View Post
    already a thread on this katy...
    Sorry. I can't see it
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