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Sack the Top Irish Bankers

  • 13-04-2009 8:12pm
    #1
    Closed Accounts Posts: 17


    I found this group on facebook..

    Essentially its a petition to get media attention to help sack and or arrest the top Irish bankers for potential fraud committed..

    At the very least it warrants an investigation and full transparency, it is not enough to simply seize the developers assets...

    http://www.facebook.com/home.php?#/group.php?gid=98367063032

    A full vote should be cast on NAMA or National Liability Management Agency as it should be called, before we are pushed into it, at the very least we should have public consultation and informed debate..


Comments

  • Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 30,972 Mod ✭✭✭✭Insect Overlord


    Quick everybody, run to the hills, before it's too late!


  • Registered Users, Registered Users 2 Posts: 28,789 ✭✭✭✭ScumLord


    Facebook solves nothing. What you need is an angry mob, pitchforks and flaming sods of turf.


  • Posts: 17,378 ✭✭✭✭ [Deleted User]


    yea cause a facebook petition is really gonna swing the whole "will we investigate?" issue to a "yes" is it.


  • Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,125 Mod ✭✭✭✭AlmightyCushion


    If you want to influnce political decisions, facebook won't do. In that regards it's as useless as a midget in a getting things off a really high shelf competition.


  • Registered Users, Registered Users 2 Posts: 9,957 ✭✭✭trout


    This petition is a great idea. We should support it.

    For a while there, I was thinking the inspired leadership of the goverment WE voted for had a part to play in the current interesting times.

    Then I thought it was the possibly something to do with the noble developers who are refusing to pay back their loans to the banks.

    Then I thought maybe it was all the people like me and you, who got greedy and decided that too much was never enough.

    All that thinking made my head hurt - so I'll blame the bankers too. Fuppers!

    Mind you ... maybe I'm as dumb as a bag of spanners.


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  • Closed Accounts Posts: 17 anonymous2009


    yea cause a facebook petition is really gonna swing the whole "will we investigate?" issue to a "yes" is it.

    Well i thought it was a good idea..
    If no one does anything do you think that'll be better?

    Maybe you agree with the bailout?


  • Closed Accounts Posts: 7,570 ✭✭✭Ulysses Gaze


    NAMA is a joke and a con-job waiting to happen.

    There is a clause in there which essentially assures no transparency. Information that is deemed 'Commercially Sensitive' can't be accessed by you or I even through FOI.

    A €90 billion bad, bad joke to be played out with taxpayers cash.


  • Posts: 17,378 ✭✭✭✭ [Deleted User]


    Maybe you agree with the bailout?

    it's mad how public opinion has descended into a case where if i say "yes", i'm a cúnt.


    do you know of an alternative to what is being done right now? i don't agree with anything the government has done up until this point..
    but this where we are and whether you like it or not, it's the only way out.


  • Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 30,972 Mod ✭✭✭✭Insect Overlord


    Well i thought it was a good idea..
    If no one does anything do you think that'll be better?

    Maybe you agree with the bailout?

    The Daily Mail today published "proof" that Facebook reduces one's IQ, do you really think the Government will risk their remaining intelligence to read a poll?! :eek:


  • Closed Accounts Posts: 10,431 ✭✭✭✭Saibh


    When I checked the facebook link earlier, there was only 6 members, now there is 7

    Owe up who joined :D


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  • Closed Accounts Posts: 17 anonymous2009


    it's mad how public opinion has descended into a case where if i say "yes", i'm a cúnt.


    do you know of an alternative to what is being done right now? i don't agree with anything the government has done up until this point..
    but this where we are and whether you like it or not, it's the only way out.

    How about the following:

    - Fully investigate the boards of all Irish banks for malpractice
    - Prosecute any board member if a case can be brought against them
    - Put money into the 2 main banks (subject to full debate)
    - Ensure the other banks merge or go to the wall
    - Do not subsidise the developers and bankers that got us into this mess.

    The argument that the banks are 'too big to fail' doesn't wash anymore

    How many banks do we need for a stable economy?

    Do you think we should bail out 1 bank or all of the banks?

    Do you think we will make a return on the 'assets' that are bought with taxpayer money i.e. Is it likely that prices will rise above 2006 peaks?


  • Registered Users, Registered Users 2 Posts: 26,061 ✭✭✭✭Terry


    ScumLord wrote: »
    Facebook solves nothing. What you need is an angry mob, pitchforks and flaming sods of turf.
    I don't know. I've almost cured Super AIDS.


  • Closed Accounts Posts: 199 ✭✭sub-x


    An extensive email blitz on politicians,counselors and senators would be a much more affective course of action.


  • Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 30,972 Mod ✭✭✭✭Insect Overlord


    Terry wrote: »
    I don't know. I've almost cured Super AIDS.

    *joins cause*


  • Posts: 17,378 ✭✭✭✭ [Deleted User]


    How about the following:

    - Fully investigate the boards of all Irish banks for malpractice
    - Prosecute any board member if a case can be brought against them
    - Put money into the 2 main banks (subject to full debate)
    - Ensure the other banks merge or go to the wall
    - Do not subsidise the developers and bankers that got us into this mess.

    The argument that the banks are 'too big to fail' doesn't wash anymore

    How many banks do we need for a stable economy?

    Do you think we should bail out 1 bank or all of the banks?

    Do you think we will make a return on the 'assets' that are bought with taxpayer money i.e. Is it likely that prices will rise above 2006 peaks?

    1. i don't care.

    2. my initial point was about the influence of a facebook cause.


  • Closed Accounts Posts: 17 anonymous2009


    sub-x wrote: »
    An extensive email blitz on politicians,counselors and senators would be a much more affective course of action.

    Very true, although it helps to have a base of like minded individuals to start from, a grass roots campaign if you like..


  • Closed Accounts Posts: 17 anonymous2009


    1. i don't care.

    .. and people wonder why the country is in the toilet..


  • Posts: 17,378 ✭✭✭✭ [Deleted User]


    .. and people wonder why the country is in the toilet..

    well what i'm beginning to wonder is how everyone got economics degrees so quickly in the last 6 months.

    because without a strong grounding in economics and a good knowledge of financial markets, we all may aswell be talking out our arses.


  • Closed Accounts Posts: 199 ✭✭sub-x


    well what i'm beginning to wonder is how everyone got economics degrees so quickly in the last 6 months.

    because without a strong grounding in economics and a good knowledge of financial markets, we all may aswell be talking out our arses.


    This is very true ;) case in point Brian Lenihan,need I say anymore.


  • Posts: 17,378 ✭✭✭✭ [Deleted User]


    sub-x wrote: »
    This is very true ;) case in point Brian Lenihan,need I say anymore.

    i see what you did there. :cool:


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  • Registered Users, Registered Users 2 Posts: 591 ✭✭✭Rosser



    Do you think we will make a return on the 'assets' that are bought with taxpayer money i.e. Is it likely that prices will rise above 2006 peaks?

    They don't need to return to 2006 peakes only to exceed the price they get the property for - likely 40% of the high. Will they exceed this over say 7 years? The chances and history says yes


  • Closed Accounts Posts: 17 anonymous2009


    Rosser wrote: »
    They don't need to return to 2006 peakes only to exceed the price they get the property for - likely 40% of the high. Will they exceed this over say 7 years? The chances and history says yes


    40% of the high?

    Last I heard the 'haircut' was closer to 15%..

    If they're bought for 40% of their book value then possibly.. but then we'll 'have to' recapitalise the banks.. right?


  • Banned (with Prison Access) Posts: 633 ✭✭✭dublinario


    As a top Irish banker, naturally I'm against this sacking movement. I'd much rather keep my job, which affords me a lifestyle that you peasants can only dream of. Last night I shared a Jacuzzi with most of the cast of Fair City. It was horrifically cramped, but I've always been prepared to suffer for my decadence.

    The ensuing orgy was nothing short of spectacular (until I rolled over and realised I was accidentally pumping that Dolores yoke). If I'm sacked from my super-rich bank job, how the hell will I ever again entice a bunch of 'A' listers like the Fair City crowd out to my sordid sex marathons? You see, you people don't see all the consequences, or appreciate the victims of your mob-rule antics. That's the problem with your kind.


  • Registered Users, Registered Users 2 Posts: 591 ✭✭✭Rosser


    40% of the high?

    Last I heard the 'haircut' was closer to 15%..

    If they're bought for 40% of their book value then possibly.. but then we'll 'have to' recapitalise the banks.. right?

    It will never be 15% or anywhere near it and yes we probably will


  • Closed Accounts Posts: 17 anonymous2009


    Rosser wrote: »
    It will never be 15% or anywhere near it and yes we probably will

    Where are you getting 40%?

    My source is Goodbody who estimate 15% and yes i realise it's an estimate right now..

    Will be interesting to see the final figure..


  • Registered Users, Registered Users 2 Posts: 3,636 ✭✭✭dotsman


    puhleeeeeeze - blaming the banks was so last month. We're blaming Steve Staunton now...


  • Closed Accounts Posts: 17 anonymous2009


    dotsman wrote: »
    puhleeeeeeze - blaming the banks was so last month. We're blaming Steve Staunton now...

    Haha! Not far off the irish media approach alright!

    Mods: I think this was posted in the wrong forum, maybe you could move to the Irish Economy forum?


  • Registered Users, Registered Users 2 Posts: 23,246 ✭✭✭✭Dyr


    that tool from the greens was on this morning referring to NAMA as a independent government body..there's an oxymoron for ya.

    What confuses me is that we're one of the few countries in europe that still can send debtors to jail, so why arent these **** languishing in the joy as we speak? eh? EH?


  • Closed Accounts Posts: 17 anonymous2009


    Haha! Not far off the irish media approach alright!

    Mods: I think this was posted in the wrong forum, maybe you could move to the Irish Economy forum?


    Mods: Any chance of a move to a more relevant forum like Irish Economy?


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