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No discussion of the reports ?

  • 09-06-2010 04:02PM
    #1
    Closed Accounts Posts: 18,163 ✭✭✭✭


    The biggest and most expensive (for ordinary people, anyways) cock-up in the history of the country and two reports released on it, and FF don't want it discussed ? :eek:


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Comments

  • Registered Users, Registered Users 2 Posts: 86,683 ✭✭✭✭Overheal


    Im sorry? Dont want what discussed?


  • Registered Users, Registered Users 2 Posts: 26,458 ✭✭✭✭gandalf


    You mean these reports

    Says they are going to be released later on today and an inquiry will be set up using the reports as a term of reference.

    I'd say they will be discussed to death soon.


  • Closed Accounts Posts: 18,163 ✭✭✭✭Liam Byrne


    http://www.independent.ie/business/irish/lenihan-receives-banking-inquiry-reports-2201996.html

    It was just on the radio that FF have refused to have any discussion of same in the Dáil.


  • Closed Accounts Posts: 39,019 ✭✭✭✭Permabear


    This post has been deleted.


  • Closed Accounts Posts: 18,163 ✭✭✭✭Liam Byrne


    This post has been deleted.

    Yup, but Cowen doesn't want to allocate time in which he'd have to answer questions about it.

    I shouldn't be surprised, really, considering the length of time it took them to realise and react to the crisis.

    I'd also reckon the point the Independent made about remuneration being a concern would mean Cowen wants to have a chat with his mates first.


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  • Registered Users, Registered Users 2 Posts: 1,806 ✭✭✭Poly


    Cowen to give a press conference shortly,


    Apparently the reports slate him.
    Is this it, Will he resign?

    Edit: Or will he just blame it all on those pesky Lehman bros


  • Registered Users, Registered Users 2 Posts: 26,458 ✭✭✭✭gandalf


    Poly wrote: »
    Cowen to give a press conference shortly,


    Apparently the reports slates him.
    Is this it, Will he resign?

    TBH if it was any other democracy in Western Europe yes. But we live in Ireland where politicians have a neck as tough as a Jockeys nether regions.

    I would be pleasantly surprised if Brian Cowen did the decent thing and stood down. Instead I expect talk of "we are where we are" and it "wouldn't help the hundreds of thousands of unemployed" (that some of their policies helped to create).


  • Registered Users, Registered Users 2 Posts: 1,806 ✭✭✭Poly


    On RTE1 now


  • Closed Accounts Posts: 4,072 ✭✭✭PeterIanStaker


    Just read the news report.

    Oooh, there'll be an "inquiry". I feel safer already.


  • Closed Accounts Posts: 39,019 ✭✭✭✭Permabear


    This post has been deleted.


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  • Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    Gov. Honohan's report is on the CBFSAI website.


  • Closed Accounts Posts: 39,019 ✭✭✭✭Permabear


    This post has been deleted.


  • Banned (with Prison Access) Posts: 23,089 ✭✭✭✭rovert


    Very 2007 these, nothing new.


  • Closed Accounts Posts: 18,163 ✭✭✭✭Liam Byrne


    Firstly, there's nothing the report that I wouldn't have copped already, and I'm no economist.

    Secondly, Cowen obviously read a completely different report, because he made it sound like the report endorsed everything he did.

    Thirdly, if nothing else, this will stop FF TDs coming on TV and lying through their teeth that this had anything to do with the global crisis or Lehman Bros.


  • Closed Accounts Posts: 2,819 ✭✭✭dan_d


    Skimming RTE's summary I get this - our banks did whatever the feck they wanted and the regulator was too "afraid" to say anything.

    Grrr:mad:


  • Registered Users, Registered Users 2 Posts: 3,086 ✭✭✭Nijmegen


    Liam Byrne wrote: »
    Thirdly, if nothing else, this will stop FF TDs coming on TV and lying through their teeth that this had anything to do with the global crisis or Lehman Bros.
    Welcome to Ireland, where I can assure you, this is entirely possible.


  • Registered Users, Registered Users 2 Posts: 13,011 ✭✭✭✭Sand


    Thirdly, if nothing else, this will stop FF TDs coming on TV and lying through their teeth that this had anything to do with the global crisis or Lehman Bros.

    Sadly it wont. It wont even motivate the sycophants interviewing them to call them on it.


  • Closed Accounts Posts: 18,163 ✭✭✭✭Liam Byrne


    Sand wrote: »
    Sadly it wont. It wont even motivate the sycophants interviewing them to call them on it.

    Well, I texted Matt Cooper earlier to know if he would do a public service and go back through interviews to see who trotted out this lie...

    .....and then get them back on-air to ask them why they lied.

    If I have to do it myself by trawling through podcasts, then I will.


  • Registered Users, Registered Users 2 Posts: 13,227 ✭✭✭✭jmayo


    Poly wrote: »
    Cowen to give a press conference shortly,


    Apparently the reports slate him.
    Is this it, Will he resign?

    Edit: Or will he just blame it all on those pesky Lehman bros

    Those fecking Lehman brothers, I hope their mother is proud of what they did to our fine economy.
    We were doing great building houses like no ones business, we were nearly to the point where every one could have had at least two rental properties each for all the foreign workers to live in.
    Ater all the hard work bertie and brian had done to build our fine economy to be wrecked by those iffffin brothers. :D
    Liam Byrne wrote: »
    Well, I texted Matt Cooper earlier to know if he would do a public service and go back through interviews to see who trotted out this lie...

    .....and then get them back on-air to ask them why they lied.

    If I have to do it myself by trawling through podcasts, then I will.

    Check if jack neddy o'keefe or frank "sinking ships" fahy were ever on ?
    They were two of the worse spoofers.

    I am not allowed discuss …



  • Closed Accounts Posts: 695 ✭✭✭RealityCheck


    jmayo wrote: »
    Those fecking Lehman brothers, I hope their mother is proud of what they did to our fine economy.

    No doubt had the Bush administration decided to save Lehmans our economy would be saved :D. Its not as if the property market had'nt ground to a halt or anything!! We just stopped buying houses one day in the middle of September 2008. :rolleyes: .


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  • Closed Accounts Posts: 695 ✭✭✭RealityCheck


    jmayo wrote: »

    Check if jack neddy o'keefe or frank "sinking ships" fahy were ever on ?
    They were two of the worse spoofers.

    I'm more of a fan of the Mattie McGrath show at Lunchtime on Newstalk:D.


  • Registered Users, Registered Users 2 Posts: 1,823 ✭✭✭funnyname


    http://www.irishtimes.com/newspaper/breaking/2010/0609/breaking68.html
    The banking reports by Prof Patrick Honohan and the international experts shattered “a number of myths” regarding the Government’s response to the crisis, Taoiseach Brian Cowen has told a news conference today.

    However he doesn't mentioned that it shattered the myth of blaming it all on Lehman Brothers when they did respond.


  • Registered Users, Registered Users 2 Posts: 1,514 ✭✭✭maynooth_rules


    Only in Ireland would the Finance Minister who ballsed up the country, now be in an even more powerful position:rolleyes:


  • Registered Users, Registered Users 2 Posts: 1,514 ✭✭✭maynooth_rules


    The only positive to come from this might be that FF TDs and their die hard fans might finally drop blaming Lehmann Brothers for every single economic problem in this country.


  • Registered Users, Registered Users 2 Posts: 17,789 ✭✭✭✭peasant


    The only positive to come from this might be that FF TDs and their die hard fans might finally drop blaming Lehmann Brothers for every single economic problem in this country.

    But it was Lehman Brother's fault, don't you see ...if it weren't for them, we would have had a "soft landing" :D

    Nobody could ever possibly foresee that when you fall from the heights of the stratosphere, your landing would be anything but "soft" :rolleyes:

    Lehman just put concrete on the green Irish grass so that the result of our landing is now a splat instead of a thud, but we're just as dead either way.


  • Registered Users, Registered Users 2 Posts: 5,336 ✭✭✭Mr.Micro


    Biffo and FF do not want to debate the reports in the Dail because Biffo was in charge finance at the time, and these reports will only enhance the perception of his ineptitude as finance Minister at the time... and look where he is now. We have some democracy that such important reports are not going to be debated? It is small wonder that they were even published.


  • Closed Accounts Posts: 46,938 ✭✭✭✭Nodin


    Liam Byrne wrote: »
    The biggest and most expensive (for ordinary people, anyways) cock-up in the history of the country and two reports released on it, and FF don't want it discussed ? :eek:

    Yes, Quelle Suprise.

    Weak regulation, counterproductive policies...and that doesn't cover the questions regarding the cosy relationship between regulator, banks, government and industry....

    There was an album cover many years ago featuring Maggie Thatcher and Ronald Reagan with their hands down the front of each others respective garments. I'd imagine the cover of 'Historys Conclusions' on this whole fiasco will feature something similar, but with a larger number of participants.


  • Closed Accounts Posts: 171 ✭✭northwest100


    Make no mistake, this whole situation was caused by greedy irish people, not greedy bankers lending all that fake money.


  • Registered Users, Registered Users 2 Posts: 1,129 ✭✭✭pljudge321


    Make no mistake, this whole situation was caused by greedy irish people, not greedy bankers lending all that fake money.

    These two things wouldn't be mutually exclusive though.


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  • Closed Accounts Posts: 18,163 ✭✭✭✭Liam Byrne


    Make no mistake, this whole situation was caused by greedy irish people, not greedy bankers lending all that fake money.

    Are you suggesting that bankers aren't Irish people ?

    Because if you're insisting on tarring "irish people" with the "greedy" tag, then remember that these bankers were irish people too.


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