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Patrick Honohan says Banks are for sale.

  • 24-11-2010 2:13am
    #1
    murphy93
    Closed Accounts Posts: 38 ✭


    Dr H, the bearded wonder who has always said small countries like ours should have our banks owned by outsiders says our banks are for sale.
    http://www.irishtimes.com/newspaper/ireland/2010/1124/1224284024467.html
    Who would buy them ?
    This seems logical and maybe we should become an offshore haven.
    Would this help get us out of the mess?


Comments

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


    Moved.


  • #3
    beeno67
    Registered Users, Registered Users 2 Posts: 1,218 ✭✭✭beeno67


    murphy93 wrote: »
    Dr H, the bearded wonder who has always said small countries like ours should have our banks owned by outsiders says our banks are for sale.
    http://www.irishtimes.com/newspaper/ireland/2010/1124/1224284024467.html
    Who would buy them ?
    This seems logical and maybe we should become an offshore haven.
    Would this help get us out of the mess?

    The plan is to inject a further 30 Billion into them and "sell" them for €1. The buyer then takes on any further liabilities


  • #4
    ednwireland
    Registered Users, Registered Users 2 Posts: 14,669 ✭✭✭✭ednwireland


    they are for sale in the same way as all those empty houses are for sale, if someone wants to buy them they can have them !

    My weather

    https://www.ecowitt.net/home/share?authorize=96CT1F



  • #5
    ODriscoll
    Registered Users, Registered Users 2 Posts: 155 ✭✭ODriscoll


    beeno67 wrote: »
    The plan is to inject a further 30 Billion into them and "sell" them for €1. The buyer then takes on any further liabilities
    This was the man who says that Anglo Irish were systemic to Ireland!


  • #6
    beeno67
    Registered Users, Registered Users 2 Posts: 1,218 ✭✭✭beeno67


    ODriscoll wrote: »
    In other words, Patrick Honohan (ex employee of the IMF) is going to hand over assets to the international markets. !

    No we will hand over liabilities to someone else.


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  • #7
    ODriscoll
    Registered Users, Registered Users 2 Posts: 155 ✭✭ODriscoll


    My mistake for thinking this was a genuine economics question.


  • #8
    Leiva
    Closed Accounts Posts: 10,117 ✭✭✭✭Leiva


    I will give them a Twix , a Yop & a half eaten Peach .


  • #9
    ODriscoll
    Registered Users, Registered Users 2 Posts: 155 ✭✭ODriscoll


    content deleted.
    My mistake for thinking this was a serious economics forum.


  • #10
    amacca
    Registered Users, Registered Users 2 Posts: 7,246 ✭✭✭amacca


    mixednuts wrote: »
    I will give them a Twix , a Yop & a half eaten Peach .

    Is that a fruit of the forest Yop or a strawberry one?


    lets hope its liabilities and not assets or at least a mix of the two we end up selling.


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