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Thread: Lenihan is about to spend €3bn for shares worth less than €600m.

  1. #1
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    Default Lenihan is about to spend €3bn for shares worth less than €600m.

    McWilliams says that Brian Lenihan intends to buy 70 percent of AIB for €3 billion and that this will be made public tomorrow.

    He says that the entire shareholding of AIB today is valued at €600 million on the stock market.

    Madness unbound if true.

    <Mod> This thread has been merged with "Simon Says AIB". </Mod>
    Last edited by stringjack; 30th September 2010 at 04:14 AM. Reason: Merged thread.
    "It is difficult to get a man to understand something when his salary depends upon his not understanding it." - Upton Sinclair.

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    hmmmm

    not a bad days work wonder whats his cut from it

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    holy f**k

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    he must be buying based on the LTEV..
    We have turned the corner.I commend this Budget to the House. Brian Lenihan, 9 December 2009

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    Politics.ie Member nonpartyboy's Avatar
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    Just a bigger scale ff public service contract, they've been doing this stuff for years, just on a smaller scale.

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    Politics.ie Member Dreaded_Estate's Avatar
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    What is the bets we will be told by RTE it is complicated

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    I think Lenihan, Cowen and the entire DoF should be paid in AIB shares for the next 2 years.
    We have turned the corner.I commend this Budget to the House. Brian Lenihan, 9 December 2009

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    Politics.ie Member jackryan's Avatar
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    Just heard it! Disgraceful!

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    hmmm
    i wonder would lenny be interested in my house feck sake i'd make a fortune with him buying it LOL

  10. #10
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    3000 million for 600 million worth of shares????
    Wow!
    Incredible LTEM!! (long-term economic madness)

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