Comments on: Anglo Irish Bank nationalised http://www.gavinsblog.com/2009/01/15/anglo-irish-bank-nationalised/ Estd. in Ireland, July 2002 Tue, 17 Jan 2012 17:42:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Galway Tent http://www.gavinsblog.com/2009/01/15/anglo-irish-bank-nationalised/comment-page-1/#comment-695083 The Galway Tent Tue, 03 Feb 2009 04:30:37 +0000 http://www.gavinsblog.com/?p=4119#comment-695083 SOLD! Anglo Irish Bank Hole In Ground Bought By Taxpayers for €450 Million. http://galwaytent.blogspot.com/2009/01/sold-hole-in-ground-bought-by-taxpayers.html By nationalising Anglo Irish Bank the taxpayers have just bought a hole in the ground for €450,000,000. The former glass recycling site where 300 Ringsend workers were fired is now worth perhaps €45 million, or less. The exact value is a secret and even if Anglo Irish Bank published a value who would believe them? Is this Galway Tent directed bank-and-developer-rescue a legal theft of more than €400 million of taxpayer's cash? The cross-contaminated(a) Dublin Developer's Autocracy (DDDA) is a co-investor in the site along with the Becbay group of property developers. The Dublin Developer's Autocracy also decides the planning permission and denied a conflict of interest, at a June 2008 statutory public event. Anglo Irish Bank provided €288 million for the site (Did Mr Quinn invest €288 million in Anglo?). One of the developers is obliged to pay seventeen percent interest (17%) on money borrowed from someone. Perhaps to someone with an interest in Bolivian airlines. The site has been excavated and is now literally a hole in the ground, possibly even below current sea level, yet somewhat higher than the scuttled Anglo Irish Bank. ___________ (a) The site is in a contaminated Dublin City refuse dump situated Banana Republic style on Sandymount Strand and on the foreshore of Dublin Bay. http://galwaytent.blogspot.com/2009/01/sold-hole-in-ground-bought-by-taxpayers.html SOLD!
Anglo Irish Bank Hole In Ground Bought By Taxpayers for €450 Million.

http://galwaytent.blogspot.com/2009/01/sold-hole-in-ground-bought-by-taxpayers.html

By nationalising Anglo Irish Bank the taxpayers have just bought a hole in the ground for €450,000,000. The former glass recycling site where 300 Ringsend workers were fired is now worth perhaps €45 million, or less. The exact value is a secret and even if Anglo Irish Bank published a value who would believe them?

Is this Galway Tent directed bank-and-developer-rescue a legal theft of more than €400 million of taxpayer’s cash?

The cross-contaminated(a) Dublin Developer’s Autocracy (DDDA) is a co-investor in the site along with the Becbay group of property developers. The Dublin Developer’s Autocracy also decides the planning permission and denied a conflict of interest, at a June 2008 statutory public event.

Anglo Irish Bank provided €288 million for the site (Did Mr Quinn invest €288 million in Anglo?). One of the developers is obliged to pay seventeen percent interest (17%) on money borrowed from someone. Perhaps to someone with an interest in Bolivian airlines.

The site has been excavated and is now literally a hole in the ground, possibly even below current sea level, yet somewhat higher than the scuttled Anglo Irish Bank.

___________
(a) The site is in a contaminated Dublin City refuse dump situated Banana Republic style on Sandymount Strand and on the foreshore of Dublin Bay.

http://galwaytent.blogspot.com/2009/01/sold-hole-in-ground-bought-by-taxpayers.html

]]> By: Tamas http://www.gavinsblog.com/2009/01/15/anglo-irish-bank-nationalised/comment-page-1/#comment-692271 Tamas Thu, 29 Jan 2009 12:57:03 +0000 http://www.gavinsblog.com/?p=4119#comment-692271 This is an other example in the long list of populist interventions into the banking system. You cannot have a full bail-out of the banking system. It is mind boggling how short-termist these policies are. Unless the crisis ends very very soon, you judge the probability of that, this will be just an other step towards abyss. This is an other example in the long list of populist interventions into the banking system. You cannot have a full bail-out of the banking system. It is mind boggling how short-termist these policies are.

Unless the crisis ends very very soon, you judge the probability of that, this will be just an other step towards abyss.

]]> By: Bock the Robber http://www.gavinsblog.com/2009/01/15/anglo-irish-bank-nationalised/comment-page-1/#comment-685282 Bock the Robber Fri, 16 Jan 2009 00:07:47 +0000 http://www.gavinsblog.com/?p=4119#comment-685282 Anglo is a ball of shit. It isn't a bank, and the government should never have guaranteed its liabilities. This move isn't to protect the banking system, because Anglo is part of no system. This move is to protect Fianna Fáil. Anglo is a ball of shit. It isn’t a bank, and the government should never have guaranteed its liabilities.

This move isn’t to protect the banking system, because Anglo is part of no system.

This move is to protect Fianna Fáil.

]]> By: Maman Poulet » Immigration controls to be introduced for UK-Irish travel. http://www.gavinsblog.com/2009/01/15/anglo-irish-bank-nationalised/comment-page-1/#comment-685242 Maman Poulet » Immigration controls to be introduced for UK-Irish travel. Thu, 15 Jan 2009 22:21:26 +0000 http://www.gavinsblog.com/?p=4119#comment-685242 [...] we’re busy watching the government nationalise a bank on our behalf you may not notice proposals announced today in London which will see the end [...] [...] we’re busy watching the government nationalise a bank on our behalf you may not notice proposals announced today in London which will see the end [...]

]]> By: Irish Election » Anglo Irish bank to be nationalized http://www.gavinsblog.com/2009/01/15/anglo-irish-bank-nationalised/comment-page-1/#comment-685238 Irish Election » Anglo Irish bank to be nationalized Thu, 15 Jan 2009 22:14:45 +0000 http://www.gavinsblog.com/?p=4119#comment-685238 [...] story (here’s the Finance statement)… will the government now use it as a “bad bank” for troubled assets from the [...] [...] story (here’s the Finance statement)… will the government now use it as a “bad bank” for troubled assets from the [...]

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