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Michael Fingleton


Herodotus

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Joined
Feb 9, 2009
Messages
305
Not sure if this belongs here, but Michael Fingleton was on RTE news just now. It mentioned Labour opposed that he is keeping his bonus. For a second I thought they were going to have Cllr Eric Byrne. It was Fingleton. They are the spitting image of each other or maybe I am seeing things. Am I?
 


gijoe

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Joined
Jul 26, 2010
Messages
15,366
Breaking News: The liquidator of IRBC has instituted civil proceedings against Michael Fingleton and 5 others at Irish Nationwide to get money back off them.
 

hammer

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Joined
Jul 6, 2009
Messages
58,506
Breaking News: The liquidator of IRBC has instituted civil proceedings against Michael Fingleton and 5 others at Irish Nationwide to get money back off them.
Cool.

Reading "Fingers" at the moment. Wow !!!!
 

Dr Pat

Well-known member
Joined
Oct 9, 2009
Messages
10,148
Cool.

Reading "Fingers" at the moment. Wow !!!!
Just finished it. Good read. Fingers appears to have been a law unto
himself but I am sure that he probably knows a lot about the politicos and golden circle antics that is being kept from Joe and Joanna Public and which he can use to survive. The litigation mentioned has been coming for a long time. Given his advanced age -mid seventies, it is not a prospect I suppose he ever envisaged but he can also the slow pace of even fast-tracked litigation to fight off the banking mandarins now chasing him. I think there needs to be a cleanout at all levels across the board - developers, politicians and particularly bankers. The other former banking luminaries have lots to answer for too. Question is will they ever be compelled to.
 

eoghanacht

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Joined
Apr 18, 2006
Messages
33,300
Fingers knows where the bodies are buried



or




If they are going after him they've moved the bodies
 

Dr Pat

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Oct 9, 2009
Messages
10,148
Just heard on RTE Radio 1 news that the papers have been served on 3 of the 5 but yet to be served on Mr Finnegan (if they can find him!)
 
L

longshortgrass

Just heard on RTE Radio 1 news that the papers have been served on 3 of the 5 but yet to be served on Mr Finnegan (if they can find him!)
Does this mean that they want "the retirement watch" back from Fingers? :cool:
 

Dr Pat

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Joined
Oct 9, 2009
Messages
10,148
Interesting that when you try to google photos on Michael Fingleton, not much comes up but then I am no expert. Has someone done 'a job' cleaning up the ability to do searches?
 

Dr Pat

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Oct 9, 2009
Messages
10,148
Does this mean that they want "the retirement watch" back from Fingers? :cool:
According to that book, they have been writing to him for years trying to get it back as well as the 1m euro bonus! Probably the litigation will be more wideranging alleging recklessness or gross negligence or worse or something like that and any judgment in its favour will be used to pursue the board. I am no expert though on it - just some observations on reading the book which is an interesting read.
 

Zerubbabel

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Joined
Mar 3, 2013
Messages
1,963
There's a few images about.







Lets face it Seanie and Fingers are just the convenient pantomime villains and bag men for the real golden circle. Both Seanie and Fingers, if they keep stum, take the heat, and take the little public rap on the knuckles, they will be more than looked after by their masters, and remain billionaires for life.

There will never be any proper investigation into who was pulling puppet Seanie and puppet Fingers strings.

Its all just a pantomime act to keep the ignorant Irish public ignorant.
 

Zerubbabel

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Joined
Mar 3, 2013
Messages
1,963
A network of 39 individuals held powerful positions in 33 of 40 top public organisations and
private Irish businesses in three of the critical Celtic Tiger years (2005-2007), and held more
than 93 directorships between them in these companies during this period; as well as an
average of ten directorships each in other companies.
• Focused on the years 2005-2007, the research shows that each of the 39 members of this
‘Director Network’ held multiple directorships on at least two boards across 33 of the 40
companies concerned.
• More than a quarter (eleven) of the 39 members of the Director Network were particularly
well-connected. They had ten or more links, via these multiple directorships, to other
members of this Network and/or sat on three, four or even five boards of the top 40 companies
simultaneously.
• In addition to holding multiple directorships, a significant proportion of the Director Network
held very senior full-time positions, either as CEOs or executive directors or equivalent
positions.
• Over half of the members of the Director Network held board positions in at least one of
Ireland’s four largest financial institutions: Anglo Irish Bank, AIB, Bank of Ireland and Irish
Life and Permanent. The three most tightly-interwoven of all 40 boards were all financial
institutions.
• The two major issues arising from the research are:
- The degree to which holding multiple functions and responsibilities may militate against
the necessary attention required by any individual business or activity;
- The implications of a concentration of directorial responsibilities for the independence of
boards and for corporate governance generally.
• The research demonstrates a significant lack of diversity among members of the Director
Network; for example, only one in nine directors was a woman. Severe gender imbalance and
similarities in world view and experience may lead to persistent ‘groupthink’; that is decisionmaking that ignores alternative evidence as a result of a group’s desire to reach consensus. One
major contributing factor to this is where group members all come from similar backgrounds.
• The research found a trend of excessive remuneration; for example in 2005-2007
remuneration for the CEOs of both private companies and State-owned bodies increased by
more than 40 per cent on average, while inflation was at 9.1 per cent for both years combined.
• The problems of corporate governance identified by the research signal that Ireland cannot
afford to go back to ‘business as usual’. The report argues that a new, statutory framework is
required to ensure good corporate governance in private companies and State-owned bodies.
This report outlines a number of elements of such a system which would shift the focus from
the failed notion of ‘shareholder value’ to real stakeholder involvement.
http://www.tascnet.ie/upload/file/MtGC ISSU.pdf
 

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