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Thread: Matthew Elderfield - Anglo could cost more then €35 Billion

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    Default Matthew Elderfield - Anglo could cost more then €35 Billion

    OOOPS!

    Regulator not certain of final Anglo costs - Newstalk.ie

    It appears Matthew Elderfield is slightly less sure then Lenihan that the figures released last week regarding Anglo were the final set!!

    Honestly, was all that blaze of publicity just designed to buy another couple of weeks?

    C

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    Quite Clearly no-one knows the numbers yet....

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    "I don't have a crystal ball" Jesus. The markets will like that. At least he was being honest unlike Comical Len.

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    Politics.ie Member Mister men's Avatar
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    Drip drip drip...

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    Why not just say 200 bilion all up ? Whats the problem really ? Its like a very big and very long mortgage . You'll have generations to get used to it .

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    Politics.ie Member Mister men's Avatar
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    Quote Originally Posted by Sham96 View Post
    "I don't have a crystal ball" Jesus. The markets will like that. At least he was being honest unlike Comical Len.
    Lenny said last week we need to "cross our fingers and hope for the best" in a TV interview. It's beyond funny now.

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    Politics.ie Member HarshBuzz's Avatar
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    Elderfield's credibility is fast disappearing

    as is Honohan's (see thread)

    so much for Lendahand's claim to have drawn a line under the banks (again)
    “'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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    Politics.ie Member Destiny's Soldier's Avatar
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    This can only mean Derivatives.

    Lenihan needs to ban all Derivaties in Ireland .The Germans banned naked short selling and forms of Derivaties.
    Cowardice asks the question - is it safe? Expediency asks the question - is it politic?
    Vanity asks the question - is it popular? But Conscience asks the question - is it right?
    And there comes a time when one must take a position that is neither safe, nor politic, nor popular;but one must take it simply because it is right. -MLK

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    Quote Originally Posted by HarshBuzz View Post
    Elderfield's credibility is fast disappearing

    as is Honohan's (see thread)

    so much for Lendahand's claim to have drawn a line under the banks (again)
    He has plenty of credibilty as far as I am concerned.
    That is why I am concerned.

    And still the nightmare continues, more drip drip on AIB, no plan for INBS or EBS yet. Two years and still not done, NAMA not done, altered again. In the name of god wrap it up. Set up one functioning blooding bank from this car crash and park as much of the crap off to the side for a few years please. We must own all of the banks now and do this.

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    Yeah i'm afraid our three musketeers , elderfield , Honahan and Lenihan are beginning to seem slightly less brilliant than 'the people who know these things' would have had us believe.

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