yayyyyyy!!!!!

Gladiator.

The minister for finance has given 2 billlion more to anglo Irish bank
Yayyyyyyyyy!!!!!

Finance Minister Brian Lenihan has confirmed that an additional €2bn is being made available to Anglo Irish Bank after losses sustained in the transfer of loans to NAMA were greater than anticipated.

The bank has already been given €12.3bn in taxpayers' money in recapitalisation.

Minister Lenihan in March warned there was a possibility that the now State-owned institution could need another €10bn, depending on the level of discount applied to the loans going to NAMA.

Today he revealed there is further impairment on the remaining loan book.

http://www.breakingnews.ie/ireland/anglo-to-get-further-2bn-injection-459853.html

Biggins

Delighted to hear it. More money for the bottomless pit.
Great news. Lets all celebrate. Fianna Fail - FOOKIN' GREAT PEPS!

...O' And the Greens are bloody marvellous too!
I fookin luv 'em!

El Weirdo

Woot.

alwaysadub

whoohoo?

smellslikeshoes

I might be wrong but wasn't this previously announced and they are just drip feeding it to Anglo slowly?

Biggins

smellslikeshoes wrote: »

I might be wrong but wasn't this previously announced and they are just drip feeding it to Anglo slowly?

Topped it up today with another 2 squids. Part of ten squids.

See: http://www.rte.ie/news/2010/0531/anglo.html

banshee_bones

/facepalm

jaffa20

On 31 March, Minister for Finance Brian Lenihan provided €8.3bn to Anglo, on top of the €4bn the Government put into the bank last year.
At the time, the Minister indicated that the bank could need another €10bn. The €2bn announced today is part of that €10bn.

http://www.rte.ie/news/2010/0531/anglo.html

And in another 2 months they'll get another 2bn and so on and so on.

Can we get on with our lives already?

LowOdour

Who gives a **** really. We can all come in and bitch and moan on an internet forum about how the banks fooked us over and that the government are a shower of bastards...and then go back into our real lives and do shag all about it.

Waste of energy

Gladiator.

LowOdour wrote: »

Who gives a **** really. We can all come in and bitch and moan on an internet forum about how the banks fooked us over and that the government are a shower of bastards...and then go back into our real lives and do shag all about it.

Waste of energy

But I was celebrating ........

jd007

Party?

LowOdour

Gladiator. wrote: »

But I was celebrating ........

Take your happiness somewhere else.....we don't like your cheery kind round here

Fratton Fred

I'm sure the real criminals, the developers, are sleeping securely in their homes in Ascot, Porto Banus, Palma.....

Biggins

Party... Party... Party!!!

Indubitable

Another couple of billion well spent.

galwayrush

I guess now the Government need to make some more 'hard choices' and announce a few more cut backs to claw back some of the money.It's simple FF reasoning, like any typical bully, they will pick on the weakest .

Dravokivich

right... who's on the blue Smarties?

Snowie

convient consdiering the hole lets cut of single mothers allowence after the child reachs 13...

Biggins

Dravokivich wrote: »

right... who's on the blue Smarties?

I got blue Jelly Babies - does that count?

opinion guy

LowOdour wrote: »

...and then go back into our real lives and do shag all about it.

Waste of energy

What exactly is it you expect us to 'do' ?

Wolfe Tone

Im tellin yis lads, everyone bust out their black shirts and march on Dublin.

I will be along on the 9am train in the morning. Il sort this **** out!

WindSock

Just in time for Harney to say there will be €3bn cut from the public expenditure and the HSE this year, lol

earlyevening

Remember when you all thought it couldn't get worse than the 50 million wasted on e voting machines. That really was small change.

Mrs Garth Brooks

Gladiator. wrote: »

The minister for finance has given 2 billlion more to anglo Irish bank
Yayyyyyyyyy!!!!!

Couldn't give a fk. Im yayyying cause i got a college offer today. Yayyyyyyyy!

Mrs Garth Brooks

No wait, can they not just give me the 2bn? Or part of it? Im not entitled to the grant for college. Screw them, it wont stop me.