Anglo 10

Snowie

just read this pretty shocking...

This newspaper has confirmed the customers and loan amounts at the start of this year were: Jerry Conlan, property investor and owner of a hospital chain, €56.5 million; Patrick Kearney, a Northern Irish developer, €46.6 million; Seamus Ross, a developer and hotel owner, €46.4 million; Gerry Gannon, a Dublin-based developer, €46.4 million; Joe O’Reilly, the developer behind the Dundrum Town Centre in Dublin, €43.4 million; Brian O’Farrell, a north Dublin auctioneer and property developer, €41 million; Paddy McKillen, a Dublin-based developer, €38.9 million; Gerry Maguire, the owner of shopping centres in Drogheda and Dundalk, €31.7 million; John McCabe, a Meath-based builder, €31.6 million; and Sean Reilly, a Meath-based developer, €9.7 million.

http://www.irishtimes.com/newspaper/frontpage/2009/1009/1224256257376.html

:eek: thats a fvcking lot of money

Gone Drinking

Snow-Monkey wrote: »

and Sean Reilly, a Meath-based developer, €9.7 million.

Haha, only €9.7? What a loser

trout

This bit caught my eye ..

Mr McKillen said he would return a call about a query relating to the loans but didn’t. When told about the nature of the query, he said: “Brilliant – appreciate that, thanks.”

:cool:

thomond2006

Communism FTW after reading all that. :eek:

Biggins

thomond2006 wrote: »

Communism FTW Chinese execution squads after reading all that? :eek:

Corrected with suggestion!

seamus

That bloody bank was rotten to the core, shady dealings everywhere. The government should let it collapse at this point and sell it for parts.

A non-recourse loan to buy shares in the bank? There has to be something illegal in that.

mirrorball

Snow-Monkey wrote: »

Gerry Maguire, the owner of shopping centres in Drogheda and Dundalk, €31.7 million;

When asked for a comment Mr Maguire replied "SHOW ME THE MONEY!!!!!!"



Sorry, couldn't resist........

thomond2006

Biggins wrote: »

Corrected with suggestion!

lol, deserved that.

8k2q1gfcz9s5d4

Gerry Maguire, the owner of shopping centres in Drogheda and Dundalk, €31.7 million

SHOW ME THE MONEY!

aidan24326

75% of their loans was based on security aaginst their shares in the bank. Because shares in the bank are now worthless, they get off scot free with that portion of the loan, they don't ever have to pay it back if they choose not to (does anyone think they actually will? yeah right). And guess who's gonna be picking up the tab now?

How people haven't gone to jail over what happened in that bank defies belief. The government are obviously afraid to touch these guys as they're inextricably tied up in the whole rotten corruption themselves. They might make noises about chasing those people for the money but it will never happen. We're talking about their pals and benefactors here, all the way from the Galway tent, that's the bottom line of it.

aidan24326

aidan24326 wrote: »

75% of their loans was based on security aaginst their shares in the bank. Because shares in the bank are now worthless, they get off scot free with that portion of the loan, they don't ever have to pay it back if they choose not to (does anyone think they actually will? yeah right). And guess who's gonna be picking up the tab now?

How people haven't gone to jail over what happened in that bank defies belief. The government are obviously afraid to touch these guys as they're inextricably tied up in the whole rotten corruption themselves. They might make noises about chasing those people for the money but it will never happen. We're talking about their pals and benefactors here, all the way from the Galway tent, that's the bottom line of it.

Well said!

Any other country in the world and there would be heads rolling.

And it pisses me off that not enough people are pissed off about this.

SEPT 23 1989

Jerry Conlon has done well for himself since his release from prison:eek: