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Thread: Anglo - my story

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    Politics.ie Member hammer's Avatar
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    Default Anglo - my story

    Business review - Anglo Irish Bank - Interim Report 2009

    Page 8

    Lending Asset Quality - heading at March 31, 2009 and we know things have got worse

    Past due but not impaired 12,906m
    Impaired 10,706m

    Total 23,612m

    And things have got worse.

    Discuss systemic importance based on these two figures

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    Politics.ie Member hammer's Avatar
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    Bye Bye Baby, Baby goodbye

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    Politics.ie Member Mitsui2's Avatar
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    Quote Originally Posted by hammer View Post
    Bye Bye Baby, Baby goodbye
    Here we have a cheap manufactured enterprise designed to appeal to the lowest common denominator in people, hyped to death by compliant media (much of it on the take), who conned people long enough for its management to syphon off vast amounts of doish and walk away....

    and you try to link it to the Bay City Rollers?

    Shame on you!

  4. #4

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    Quote Originally Posted by hammer View Post
    Business review - Anglo Irish Bank - Interim Report 2009

    Page 8

    Lending Asset Quality - heading at March 31, 2009 and we know things have got worse

    Past due but not impaired 12,906m
    Impaired 10,706m

    Total 23,612m

    And things have got worse.

    You're taste for light fiction is reprehensible! Please post something with a bit of gravitas and long term value. Any link to old Viz stories for instance.


    Discuss systemic importance based on these two figures

  5. #5
    Politics.ie Member hammer's Avatar
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    Politics.ie Member MsAnneThrope's Avatar
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    Anglo has strongly refuted suggestions of any impropriety.
    Wonderful.

    Anglo now has one of the largest annual legal bills of any bank as it defends suits in Ireland and the US.
    Also wonderful.
    We all love animals. Why do we call some 'pets' and others 'dinner'?

  7. #7
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    Something fishy in Anglo?

    Never!

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    Politics.ie Member Fides's Avatar
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    There are quite a few of these property funds that have crashed spectacularly. You have to assume there are a lot of high net worth individuals nursing some serious losses. You get a glimpse of these now and then in the court cases going on but I suspect the shake up has hardly begun.

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    Quote Originally Posted by Fides View Post
    There are quite a few of these property funds that have crashed spectacularly. You have to assume there are a lot of high net worth individuals nursing some serious losses. You get a glimpse of these now and then in the court cases going on but I suspect the shake up has hardly begun.
    I'm not sure many real HNWIs would have invested in this sort of rubbish.

  10. #10
    Politics.ie Member hammer's Avatar
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    "A large number of the properties in the fund are co-owned with joint venture partners, many of whom are well-known Anglo developer clients."

    Well that is a surprise

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