Lenihan insists our banks have "no funding difficulties", blames "attack on euro"...

MsAnneThrope

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Lenihan insists our banks have "no funding difficulties", blames "attack on euro"...

Reported on CNN and Financial Times:

Brian Lenihan, Ireland's finance minister, said it was the "attack" on the euro that had prompted Ireland to seek assistance from the European Union and the International Monetary Fund.

In his first comments since the dramatic announcement that an EU-IMF mission was being immediately dispatched to Dublin, Mr Lenihan insisted Ireland's banks had "no funding difficulties" but said an aid package might be necessary if "further difficulties materialise".
The minister claimed there were "no funding difficulties in the Irish banking system"
Source: CNN

His autobiography, whenever he gets around to it, will be a fascinating insight into his battles with all these outside forces, determined to undermine his party's great work in Government.
 


He3

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He is a caricature of himself at this stage.
 

Mondo

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Reported on CNN and Financial Times:





Source: CNN

His autobiography, whenever he gets around to it, will be a fascinating insight into his battles with all these outside forces, determined to undermine his party's great work in Government.
Europe will remember his treachery for generations and punish us all.

He is thinking very short term indeed - Govt. and their cronies, will be gone like ether, their suitcases stuffed with our money and a bank a/c no. on file to forward their state pensions.

We are holding out in hope thinking something has to give.
Something will give - it will be the sound of our backs being broken.
 

Cassandra Syndrome

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LOL! Attack on the Euro?!!

Financial Klingons at it again!

 

FakeViking

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His autobiography, whenever he gets around to it, will be a fascinating insight into his battles with all these outside forces, determined to undermine his party's great work in Government.
If he gets around to writing it, I wonder how many times he'll quote his father's line "on mature recollection".
 

Congalltee

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Lenihan's statements must always be interpreted. Whether it was his Jesuitical education in Belvedere or his legal training, he uses words with precision.

There is no funding difficulties with the Irish banks = the banks are currently funded (the fact that they are funded by the Irish State and the ECB is neither here nor there.

Here is another example.

"Several Deputies raised the question of solvency. I have made it clear throughout discussions on this subject that the central issue confronting the Government last Monday evening was the liquidity of the Irish banks, not the question of solvency." (emphasis added).

Deputy Brian Lenihan, Dáil Éireann - Volume 662 - 01 October, 2008
Credit Institutions (Financial Support) Bill 2008: Committee Stage (Resumed).
 

constitutionus

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FFS !

the banks themselves have been telling us BILLIONS have been taken out of them in their interim management statements in recent weeks.

jesus its like trying to talk with someone out of their head on psyschotrophics !

i think theye give up on the truth altogether and are just making shyte up on a continual basis for the hell of it.
 

LiquidPaddy

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This is just a ****ing nightmare, and FF is just lying through its teeth. Just now, I saw Lenihan on the tv, he looks woeful on 6.1 news, and holds himself in a strange way (like in pain?)
 

kalipa

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Does this man not realise that he is not speaking to a Cumainn meeting with the party faithful. The world is hanging on to his every world and he looks a fool .
 

constitutionus

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Does this man not realise that he is not speaking to a Cumainn meeting with the party faithful. The world is hanging on to his every world and he looks a fool .
more over does he not realise what he's saying directly contradicts what the taoiseach is saying in the dail.

cowan is under the impression were not applying for any bailout, attack on the euro or no .

:)
 

tigerben

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We tell lies when we are afraid... afraid of what we don't know, afraid of what others will think, afraid of what will be found out about us. But every time we tell a lie, the thing that we fear grows stronger. ~Tad Williams

Brian Lenihan your head stone will read Here lies a Liar!! Here's another suited to you and all your cronies.

Honesty pays, but it don't seem to pay enough to suit some people. ~Frank McKinney "Kin" Hubbard
 

kalipa

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more over does he not realise what he's saying directly contradicts what the taoiseach is saying in the dail.

cowan is under the impression were not applying for any bailout, attack on the euro or no .

:)
As bad as Lenihan is Cowen doesn't seem to know his ar*e from his elbow
 

Mondo

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...jesus its like trying to talk with someone out of their head on psyschotrophics !
i think theye give up on the truth altogether and are just making shyte up on a continual basis for the hell of it.
Well other fundamentalist groups are known to use drugs to help detach themselves from the atrocities they inflict on their people.

Why should Lenihan be any different. ...probably has something on prescription to help him through this difficult time.

Hope he remembers that martyrs usually end up getting strung up before they've really earned the title.
 

Gadfly

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Lenihan might want to speak to Olli Rehn



(from the Irish Times today)
Is there no end to the man's talents? He does selective listening, to go with his acknowledged mastery of selective reading?
 

consultant

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In all of this, Lenihan and indeed every FF minister, perpetuates the myth that Ireland is in good shape really.

Even accepting Congaltee's accurate (I believe) summation of his MO and presentation style, it must be very hard to take by the half-million or so without jobs or the prospect of getting one; the failed or failing credit-starved businesses for whom there is no banking support nor state help; and the rest of us who can't finish the crossaire cross-word let alone read between the lines of cryptic politician-speak.

Treachery, pure and simple.
 

Chrisco

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Cowen is telling us that there are no negotiations over a bailout underway.

Lenihan tells us our banks have no funding difficulties.

I've had enough. Really. I will stand for their incompetence, but I won't stand for these fúcking ridiculous lies.

Aux armes les citoyens!
 


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