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Loss of Wealth


Well-known member
Jul 6, 2009
I am always amazed by the bank bailout threads. How much has it cost how much will it cost etc........

How much will NAMA make etc..............

Last thread seems to suggest

Bank bailout €50 billion
Further bank bailout re SMEs, residential mortgages etc. €40 billion

For Cassandra etc.......

What have the losses been with regard to

Bank shareholders wiped out €55 billion ( Anglo, AIB, BOI )
Pension funds nearly all in deficit
House prices down 40%
Commercial property down 60%
Development land down 80%
Negative equity
ISEQ at 2,700 previously 10,000+
National debt increasing €20 billion per annum


Well-known member
Nov 13, 2009
Well you've got to look on the bright side.

(...& be sure to PM me if you ever find it!)