• It has come to our attention that some users may have been "banned" when they tried to change their passwords after the site was hacked due to a glitch in the old vBulletin software. This would have occurred around the end of February and does not apply after the site was converted to Xenforo. If you believe you were affected by this, please contact a staff member or use the Contact us link at the bottom of any forum page.

Fianna Fail TDs demand that Anglo be closed


Rocky

Well-known member
Joined
Dec 9, 2004
Messages
8,550
Front page of the Sunday Times today. I couldn't find a link, but I felt it was well worth a discussion. Sean Fleming and John McGuinness are both listed as being among the backbenchers in question.

From the article:
Fianna Fail backbenchers are to demand that Anglo Irish Bank be closed over six to 10 years in a challenge to Brian Lenihan, the finance minister
It's good to see that at least some Fianna Failers agree with Fine Gael and Labour on this and disagree with their own Finance Minister.

Further evidence as well of the massive divisions that are cutting through Fianna Fail right now on key policy issues.
 

Dreaded_Estate

Well-known member
Joined
Sep 5, 2007
Messages
3,718
The rumors are that the commission only wants to allow "New Anglo" to be became a small deposit taker with very little new lending allowed.

With only €10bn in good assets to go into "New Bank" it seems incredible that the government this plan could reduce the cost in any meaningful way.
 

the_rebubblican

Well-known member
Joined
Mar 24, 2010
Messages
344
Big boys McGuinness (screwed anyway by bolting before time) and Fleming whose appearance on Tonight with Vincent Browne proved himself to be a diamond jackass with no appetite for discourse. McGuinness is supposedly the man who mea culpas when he's on the radio, a business man with a conscience and Fleming the former financial director of FF have their personal agendas to follow here. I'm sure Fleming knows where there's a couple of skeletons to unearth. In any case the markets will sort this out. Once again we have to rely on powers outside the Dáil to make changes that should have been made within the Dáil. If it weren't for the meeja we'd never get any answers.
 

MsAnneThrope

Well-known member
Joined
Apr 8, 2009
Messages
1,818
€25,000,000,000 and counting.
Too late.
But can you imagine them on the doorsteps in 2012 (or sooner)?

"I called for Anglo to be closed down Mrs. Murphy"

Shallow, shallow men.
 

DCon

Well-known member
Joined
May 5, 2009
Messages
5,901
But can you imagine them on the doorsteps in 2012 (or sooner)?

"I called for Anglo to be closed down Mrs. Murphy"

Shallow, shallow men.
"And I fixed dem potholes and "got" a passport for your Son and a medical card for your Daughter"

I despair
 

spidermom

Well-known member
Joined
Sep 13, 2008
Messages
9,189
But can you imagine them on the doorsteps in 2012 (or sooner)?

"I called for Anglo to be closed down Mrs. Murphy"

Shallow, shallow men.
and Mrs Murphy replies......
"So you did. But did you vote against the government??..or loose the party whip??...did you leave the party and become independant???........NO...you didn't...do you want to meet my DOG.?...I bought him as soon as the GE was called.... here Killer.....here boy...Mummy's got din-dins!!!"

:)
 

bonkers

Well-known member
Joined
Oct 4, 2006
Messages
24,491
not going to feed my dog in 2012,should be mad hungry,when they come knocking.
 

LeDroit

Well-known member
Joined
Mar 11, 2010
Messages
1,771
and Mrs Murphy replies......
"So you did. But did you vote against the government??..or loose the party whip??...did you leave the party and become independant???........NO...you didn't...do you want to meet my DOG.?...I bought him as soon as the GE was called.... here Killer.....here boy...Mummy's got din-dins!!!"

:)
But instead they'll just vote for the nice man with the familiar rosette. And round and round we go.
 

goosebump

Well-known member
Joined
May 23, 2008
Messages
4,953
What an idiotic statement.

If Anglo is still open in 6 years, it will be worth keeping open.

We'll know if Anglo needs to be shut in Feb, once NAMA is finished (ie when we know its capital short fall). That's the only time when it will be feasible to shut it down, not 6 years down the line when it paid off >50% of it debts.

This is the same John McGuinness who was supposed to be some sort of economic wizard because he owns a haulage firm, isn't it?
 

MPB

Well-known member
Joined
Nov 27, 2009
Messages
4,465
What an idiotic statement.

If Anglo is still open in 6 years, it will be worth keeping open.

We'll know if Anglo needs to be shut in Feb, once NAMA is finished (ie when we know its capital short fall). That's the only time when it will be feasible to shut it down, not 6 years down the line when it paid off >50% of it debts.

This is the same John McGuinness who was supposed to be some sort of economic wizard because he owns a haulage firm, isn't it?
And the blanket guarantee was what?

A piece of genius?

Not according to the Basel Committee on Banking, who oversee International Banking Regulation.

They have decided that such stupidity deserves a law all of its own.

Bondholders will not be allowed to be covered in future.

A bit late for us, but there you go, that is what we get for electing the corrupt along with the stupid.
 

Marcos the black

Well-known member
Joined
Feb 3, 2009
Messages
18,708
Look at all the decent posters who have left this site since this thread was started.. ye'r a joke..
 

emulator

Well-known member
Joined
Oct 20, 2010
Messages
10,262
Awful lot of thread digging going on tonight....

Anyone would think FG didn't want the misleading-the-public-over-the-budget-adjustment story to get legs.

Hey ho....
 

Peppermint

Well-known member
Joined
Oct 1, 2010
Messages
7,472
I'd have some time for the FF position, if, when they had power, had told Anglo to feck off.
Not giving Anglo one penny from the public purse would have been a real statement.
Bullshiite from the opposition benches is laughable..
 
Top