Follow @PoliticsIE
 
 
 
Page 1 of 26 1234511 ... LastLast
Results 1 to 10 of 255

Thread: Anglo Irish Bank - Bondholders revealed.

  1. #1
    Politics.ie Member
    Join Date
    Feb 2005
    Posts
    34,250
    Mentioned
    1 Post(s)

    Default Anglo Irish Bank - Bondholders revealed.

    Anglo-Irish Bank did not represent a systemic risk to the Irish economy, it wasn’t a high street bank like AIB or the Bank of Ireland. If it had been allowed to go the way of Lehmans the only losers would have been shareholders and bondholders. The Irish state stepped in and nationalised a bank that was basically run by crooks lending to property speculators. The Irish people are taking losses that should rightly have been shouldered by bondholders.


    Anglo-Irish Bondholders Should Take the LossesIs the ECB Forcing Ireland to Protect German Investments? - Guy Fawkes' blog
    Happiness is a dry martini and a good woman … or a bad woman.
    –George Burns

  2. #2
    Politics.ie Member Aristodemus's Avatar
    Join Date
    Oct 2009
    Posts
    3,724
    Mentioned
    0 Post(s)

    Default

    Not exactly revelatory is it?

  3. #3
    Politics.ie Member spotty's Avatar
    Join Date
    Apr 2010
    Posts
    364
    Mentioned
    0 Post(s)

    Default

    Spotty is glad he is not an enemy of that Guido Fawkes.
    Spotty. A pimple on the arse of politics.

  4. #4
    Politics.ie Member
    Join Date
    Oct 2010
    Posts
    2,086
    Mentioned
    0 Post(s)

    Default

    Interesting, very interesting.

    There is one company there that flies under the radar, but is big in the IFSC.

  5. #5
    Politics.ie Member
    Join Date
    Oct 2010
    Posts
    2,086
    Mentioned
    0 Post(s)

    Default

    Millhouse investments is not listed there.

  6. #6
    Politics.ie Member
    Join Date
    Feb 2005
    Posts
    34,250
    Mentioned
    1 Post(s)

    Default

    Quote Originally Posted by Aristodemus View Post
    Not exactly revelatory is it?
    Um... I think it might be.

    As Guido asks: Is the Irish government under pressure from the European Central Bank in Frankfurt to protect German investors?

    And also... one name we should be familiar stick out - Goldman Sachs Asset Management International. I'm sure the good citizen Peter Sutherland wouldn't like to see successive generations of his fellow countrymen burdened with billions in debt because his Employers took a bad punt on Anglo? He, after all, should know how capitalism works.

    Will Peter stand up and say that the bondholders should take the hit on a bad investment in a bad bank? Will he fu...
    Happiness is a dry martini and a good woman … or a bad woman.
    –George Burns

  7. #7
    Politics.ie Member
    Join Date
    Oct 2010
    Posts
    2,086
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Aristodemus View Post
    Not exactly revelatory is it?
    Its explosive. There are a few names there that ring massive alarm bells.

  8. #8
    Politics.ie Member
    Join Date
    Feb 2005
    Posts
    34,250
    Mentioned
    1 Post(s)

    Default

    Quote Originally Posted by Holy Cow View Post
    Millhouse investments is not listed there.
    That's because Millhouse owns a chunk of lower Tier 2 bonds in Irish Nationwide (the other crapheap we own), not Anglo.
    Happiness is a dry martini and a good woman … or a bad woman.
    –George Burns

  9. #9
    Politics.ie Member hammer's Avatar
    Join Date
    Jul 2009
    Location
    Olympic Stadium
    Posts
    58,469
    Mentioned
    1 Post(s)

    Default

    They could all take a 100% hit. No problemo

  10. #10
    Politics.ie Member
    Join Date
    Oct 2010
    Posts
    2,086
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by CookieMonster View Post
    That's because Millhouse owns a chunk of lower Tier 2 bonds in Irish Nationwide (the other crapheap we own), not Anglo.
    Interesting they invested in one and not the other.

    A couple of very interesting names on that list, mainly, Pioneer Investment and BNP Paribas.

    BNP Paribas have been very active here, in buying out loads of real estate businesses.

Page 1 of 26 1234511 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •