Alot is mentioned on this site about how the rest of the world views our so called "recovery" and alot has been said of Kenny's Time magazine and his recent "award" for being a good little paddy.
To add insult to injury he proclaimed he was doing it on my behalf.
The man is devoid of leadership.
The apologists should however note this article which appeared in the Financial Times yesterday entitled "Dublin's shame"
So far, however, the bank directors’ reaction has been underwhelming. One former manager – Eugene Sheehy, who used to run AIB – has said that he will reduce his payments by a fifth – a smaller concession than Mr Goodwin’s. The others have yet to respond publicly. If they had an ounce of shame, they would go at least as far as Mr Goodwin did.
Ireland is the laughing stock of the Financial World. The wild west of Finance.Mr Sheehy and his colleagues should think long and hard about their response, however. Ireland is a small country; their moral debts are huge. While a pension cut may not be enough to salvage their honour, failure to act will guarantee their status as pariahs.
Anyone remember the traders laughing during Lenihans conference call?
That wasnt an isolated incident. I know a few people who work in the city and yes we are the laughing stock of the world.