Miriam Lord in yesterday's Times

[DCon]

Richie Boucher, before his big promotion, was present back in July of 2008. “Unequivocally,” he declared, “we do not believe there is a Northern Rock lurking in Ireland.” (Correct. There was a whole shed load of them.)

His colleague, David Guinan, stated: “We pride ourselves on the fact that we have been and continue to be very prudent and responsible.” Donal Forde of the AIB offered the following gem: “In regard to lending standards in AIB, we have behaved very responsibly in recent years and we have maintained a very prudent credit stance.”

The highlight of the committee meeting was supplied by Willie McAteer, then executive director of Anglo Irish Bank. “Clearly, the whole perception of Ireland and the negative sentiment towards it are obviously of concern to us. However, this sentiment is not borne out by the fundamentals.”

Here’s another rib-tickler from Willie: “I reject the suggestion that banks have been foolhardy in recklessly lending and driving up values . . . in my experience, the banks have been prudent.”

Make way for the Good Samaritans in pinstripe suits - The Irish Times - Thu, Nov 26, 2009

[eyeswideopen]

Make way for the Good Samaritans in pinstripe suits - The Irish Times - Thu, Nov 26, 2009

They were talking through their (distressed) assets

But they're telling the truth now, of course.

[DCon]

But they're telling the truth now, of course.

Of course. Honourable men, one and all.

[Eamonn20Bn plus interest]

Miriam Lord's article was excellent. The bank guarantee is a bigger scandal than Watergate. NAMA is as big again. We need them investigated.

[DCon]

Miriam Lord's article was excellent. The bank guarantee is a bigger scandal than Watergate. NAMA is as big again. We need them investigated.

Fact.

[Mitsui2]

Miriam Lord's article was excellent. The bank guarantee is a bigger scandal than Watergate. NAMA is as big again. We need them investigated.

Chance, as the fella sez, would be a fine thing.