Who are these Anglo Bond holders



constitutionus

Well-known member
Joined
Feb 19, 2007
Messages
23,265
joe higgins on pat kenny now saying he rang up anglo to find out.

they dont know.

so i doubt anyone elses does.

:)
 

HarshBuzz

Well-known member
Joined
Feb 28, 2008
Messages
11,815
because in the world of Lenihan, 'risk capital' means 'riskless capital' and 'capitalism' means 'socialism'
 

HarshBuzz

Well-known member
Joined
Feb 28, 2008
Messages
11,815
'They don't know'

Off course they do..no let's shoot out some names who we think they are
actually they really don't know!

it's not like shareholders where you have a register of who owns the shares

probably the only place you might be able to get the info is from somewhere like Clearstream and even then at any one point in time, a huge % of the bonds are repo'd or even rehypothecated so the owner has handd them over to someone else as collateral.
 

realistic1

Well-known member
Joined
Jun 27, 2008
Messages
11,253
Any good hacker out there who could hack into anglos accounts? Would be great to see the Political connections to the bond holders e.g. Family, friends, Political backers etc
 

goosebump

Well-known member
Joined
May 23, 2008
Messages
4,940
'They don't know'

Off course they do..no let's shoot out some names who we think they are

I don't think they do.

The bonds are traded on the open market so its difficult to know who holds them at a given point in time.

If there is to be a renegotiation I think they have to put something out on the wire.

More info on this thread:

http://www.politics.ie/economy/139396-anglos-senior-debt-facts-opinions.html

Emmet Olver in the Indo maintains that UK and EU pension funds are the main holders.
 

HarshBuzz

Well-known member
Joined
Feb 28, 2008
Messages
11,815
Any good hacker out there who could hack into anglos accounts? Would be great to see the Political connections to the bond holders e.g. Family, friends, Political backers etc
see my point above, nobody at Anglo knows (with certainty anyway) who holds their debt at any one point in time
 

HarshBuzz

Well-known member
Joined
Feb 28, 2008
Messages
11,815

goosebump

Well-known member
Joined
May 23, 2008
Messages
4,940
what does he base that on?
No idea. Presumably the general view that pension and asset funds are the largest customers for these types of 'low risk' securities.
 

HarshBuzz

Well-known member
Joined
Feb 28, 2008
Messages
11,815
No idea. Presumably the general view that pension and asset funds are the largest customers for these types of 'low risk' securities.
'low risk securities' :shock:

excuse me while I pick myself up off the floor
 

Disillusioned democrat

Well-known member
Joined
Mar 16, 2010
Messages
15,759
It's not just "who" they are is important but also "why" FF, with ample support from the Greens it has to be remembered, decided that the debts of a private members investment club, without a single ATM, no personal loans function or branch network, where "our" debts (and for FF our means someone else - in this case tax payers). It was idiotic and the time and became treason with the value of hindsight.

Lenihan's use of "so far" when claiming to be the architect of the cheapest bailout in the world indicates he had some sense that it was going to grow beyond reasonable expectations and his legal training was working overtime to make sure there were limited hostages to fortune.

The incompetence or treachery of Brian Lenihan (you pick, because it's one or the other) to take this on the Irish people MUST NOT go unpunished!!!
 

eoghanacht

Well-known member
Joined
Apr 18, 2006
Messages
32,410
Did the minister not say they were poor old age pensioners that invested their retirement fund in Anglo?

It seems anonymous and more than likely fictional foreig pensioners are more important than real live Irish ones.

Allowing Anglo to default would be a castathropy as it would severly affect our ability to borrow from the markets in future.

Would it really though. Since when is the international money market a singular monlith that god forbid we cannot offend. Business is buisiness.

It seems to me our whole political and social elite are tied up in this.
 

goosebump

Well-known member
Joined
May 23, 2008
Messages
4,940
Any good hacker out there who could hack into anglos accounts? Would be great to see the Political connections to the bond holders e.g. Family, friends, Political backers etc
Sorry, but this is really dumb.

We're talking about €16.5bn in bonds. Individuals don't hold invest at that level.

If you seriously think that some Irish individual is holding some of these assets, why don't you ring up a stock broker and place an order for some Anglo senior debt at 50c on the euro. Everyone who holds one will respond.
 

PetevonPete

Active member
Joined
Feb 5, 2009
Messages
177
Question is who has an intrest in the bonds and helped put the bond package together for Anglo over the years and has the sort of pull over FF to get them to just about eat their own young - lot of chatter out there that it is man connected to a singer girl from Dundalk, and no it ain't Jim Corr
 

goosebump

Well-known member
Joined
May 23, 2008
Messages
4,940
'low risk securities' :shock:

excuse me while I pick myself up off the floor
You'll note the apostrophes in my original post.
 

goosebump

Well-known member
Joined
May 23, 2008
Messages
4,940
Since when is the international money market a singular monlith that god forbid we cannot offend.
Since we started borrowing from it to pay nurses and teachers.
 

Twin Towers

Well-known member
Joined
Oct 14, 2005
Messages
5,803
Anglo say they don't know who the bond holders are. They know the brokers who may be representing other brokers and on and on.

For all we know we could be bailing out Al-Qaeda or as Higgins said, the Chechen mafia.

For a start we could insist on knowing who the bondholders are.
 

Oldira1

Well-known member
Joined
Oct 2, 2008
Messages
1,466
Perhaps if Anglo defaulted on their bonds then maybe the bondholders would get up off their lazy asses and seek redress from Anglos auditors. Presumably some of them invested after a persual of Anglos blatently false annual reports which had been audited.
 

eoghanacht

Well-known member
Joined
Apr 18, 2006
Messages
32,410
Since we started borrowing from it to pay nurses and teachers.
It may have escaped your notice but we sort of need them (we can argue all day about their salaries). Do we really need Anglo?
 


New Threads

Popular Threads

Most Replies

Top