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Thread: Whats the total cost of all the bank bailouts

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    Default Whats the total cost of all the bank bailouts

    Does anyone know what the total cost of all the bank bailouts?

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    A figure of €46 billion was suggested on MI. Lenihan, however, had earlier refused an answer.

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    A lot higher than has been disclosed to date.

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    Quote Originally Posted by bradán feasa View Post
    Does anyone know what the total cost of all the bank bailouts?
    Think they mentioned a figure of 65billion on VB last night but rumour has it that we are not finished with AIB yet!

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    Politics.ie Member HarshBuzz's Avatar
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    Quote Originally Posted by ChickenBiryani View Post
    A lot higher than has been disclosed to date.
    when you factor in:

    • NAMA losses
    • losses to come on residential and investment mortgages
    • the as yet still undisclosed losses to come in Anglo, AIB and INBS

    it will be comfortably over 100 billion euro

    that's 100,000,000,000

    thanks FF

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    Politics.ie Member Dreaded_Estate's Avatar
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    Anglo - €29.3bn (possibly €35bn)
    AIB - €3bn (plus probably another €4bn)
    INBS - €5.3bn
    BOI - €3bn
    EBS - €1bn

    So €42bn so far and possibly another €9bn bringing the total to just over €50bn.

    Plus the potential NAMA losses, could bring us close to nearly 2 years tax revenue.

  7. #7

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    Quote Originally Posted by HarshBuzz View Post
    when you factor in:

    • NAMA losses
    • losses to come on residential and investment mortgages
    • the as yet still undisclosed losses to come in Anglo, AIB and INBS

    it will be comfortably over 100 billion euro

    that's 100,000,000,000

    thanks FF
    FF need to be DESTROYED. anyone who votes for them should be shunned.

    if you know of a pub or business that supports them - do not do business with them. its that serious now. i'm sorry.. but we've gone over the cliff.

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    Whatever you do don't ask Brian Lenihan has doesn't have a clue and is making it up as he goes along.


  9. #9

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    holy crap... the banks concealed their losses from Lenihan. just admitted it in the press conf.

    we're talking FRAUD on an epic scale.

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    Quote Originally Posted by johntrenchard View Post
    holy crap... the banks concealed their losses from Lenihan. just admitted it in the press conf.

    we're talking FRAUD on an epic scale.
    Details? Which press conference? Who said this?

    P.
    "Ever tried. Ever failed. No matter. Try again. Fail again. Fail better."

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