Bank Guarantee was decided before Sept 30 08: Gormley

seeing_ie

Anyone pick up on what John Gormley said today in his interview with Marian Finucane?

He said it was decided to guarantee the banks on Sunday the 28th, and that only the finer details were decided on the famous night of 29th/30th.

This is certainly news to me and is contrary to the narrative presented to the Irish people of Brians 1 & 2 deciding at midnight meetings on the 30th, under enormous pressure they claim, to guarantee the banks.
Is this the smoking gun that exposes the Government lies?

The interview is podcasted, he talks about the timeline about 20 minutes into it.

http://www.rte.ie/radio1/marianfinucane/

dabestman1

Nothing surprises me, thanks for the update

zig

Well its one thing twisting the truth , its another blatantly lying but I cant see much coming from it, usual crap will be spouted from Lenihan if hes asked about it.
"Of course, we had to have preliminary discussions on Sunday the 28th but I can assure you there was no decision made of any type finalised on that Sunday , and it was absolutely necessary that we had to make the final decision of guaranteeing those banks on the the night of the 29th. Had we not implemented the guarantee the consequences would have been drastic for the economy."

(Note how he drifts off at the end and completely avoids the point.)

sollar

zig wrote: »

(Note how he drifts off at the end and completely avoids the point.)

Yeah thats it, i don't know where politicans develop this skill but they all have it. Or maybe those that don't have it are weeded out earlier.

He will be asked directly about this issue and he will manage to waffle his way out of admitting he lied.

Liam Byrne

Whenever it was, no-one has adequately explained why it was done to the extreme.

lugha

Liam Byrne wrote: »

Whenever it was, no-one has adequately explained why it was done to the extreme.

My guess is that they were partly spooked by the bankers and partially strong-armed by European heads into "saving" the banks. And being politicians they were subsequently unwilling to fess up that they done a blooper.

Liam Byrne

lugha wrote: »

My guess is that they were partly spooked by the bankers and partially strong-armed by European heads into "saving" the banks. And being politicians they were subsequently unwilling to fess up that they done a blooper.

Surely you're not suggesting that they put other peoples' wishes ahead of the Irish people who pay their wages and whom they're supposed to represent ?

FF would never do that!

Mind you, there was that idiot in Cork who refused to represent his constituents and said that he'd only represent those who voted for him.

flynnlives

The answers to this lay with Sean Quinn..............

z0oT

zig wrote: »

Well its one thing twisting the truth , its another blatantly lying but I cant see much coming from it, usual crap will be spouted from Lenihan if hes asked about it.

He'd also be likely to chant "No, I don't accept that" a few times. :rolleyes:

bcmf

FF lying. now there is a shock!!!
Would it not be the case that the chiefs of the EU simply dont want any bank in the eurozone/EU to fail as they are all so interlinked that one going would have the domino effect and possibly bring them all down. Saving the banks at whatever cost!!
Since the inception of the euro has any eurozone/EU bank failed?

ei.sdraob

So they lied to us again? wonder why people still want to vote for them

K-9

The Irish banks shares collapsed on the Monday. I'd say it is very likely the cabinet decision was taken on the Sunday but would have taken time to implement. The Monday precipitated an economic and banking crisis.

cavedave

Rabbitte on why this is a big deal here

thebman

Is anyone else getting this when trying to use the listen back feature:

Sorry - the page you are looking for cannot be found

You may have followed a broken link, an outdated search result, or there may be an error on our site. If you typed in a URL, please make sure you have typed it in correctly. In particular, make sure that the URL you typed is all in lower case.

Looks like Government FM might have pulled it.

snubbleste

thebman wrote: »

Is anyone else getting this when trying to use the listen back feature:
Looks like Government FM might have pulled it.

Scroll further down the page under Marian Finucane Saturday 4th December

thebman

snubbleste wrote: »

Scroll further down the page under Marian Finucane Saturday 4th December

Yes that is what I'm clicking. The listen back button on the right under the 4th Dec beside :
Profile Interview: John Gormley, Minister for the Environment, Heritage & Local Government and Leader of the Green Party and TD for Dublin South East.

I get the above message everytime in Opera and Firefox. Running Linux so can't try IE. Copying and pasting it into VLC and Realplayer for Linux to stream from Internet fail too, all with error not found.

CorkMan

ei.sdraob wrote: »

So they lied to us again? wonder why people still want to vote for them

They got 24% in the donegal election still!! :eek:

Just goes the show the prevalence of "wink wink nod nod"

irishpancake

thebman wrote: »

Is anyone else getting this when trying to use the listen back feature:


Looks like Government FM might have pulled it.

You can listen to the crucial 5 mins on YouTube :

https://www.youtube.com/watch?v=vD2d3W0hdsg

Pat Rabbitte Press Statement