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The Next Bailout?

  • 01-03-2011 4:41pm
    #1
    Registered Users, Registered Users 2 Posts: 3,031 ✭✭✭


    Could be the Fianna Fail party.
    FIANNA Fail's electoral headache is set to give way to a financial meltdown.
    Micheal Martin's debt-ridden party will lose more than €10m in State funding over the lifetime of the next Dail, the Herald can reveal.
    And a forthcoming ban on corporate donations and a lack of support for fundraising efforts will compound the problem.
    This means that having brought the country to the brink of ruin, the election losers will now be battling to secure their own financial future.
    The Herald understands Fianna Fail already has debts of about €3m, which is likely to mount after its worst ever election result.

    http://www.herald.ie/national-news/cash-crisis-looms-for-debthit-ff-as-euro10m-funding-lost-2560411.html


Comments

  • Closed Accounts Posts: 39,022 ✭✭✭✭Permabear


    This post has been deleted.


  • Registered Users, Registered Users 2 Posts: 3,031 ✭✭✭jpb1974


    I'm from Wexford... Mick Wallace is a legend... his election to the Dail reminds me a bit of Eddie Murphy in 'The Distinguished Gentleman'.


  • Registered Users, Registered Users 2 Posts: 2,164 ✭✭✭cavedave


    jpb1974 I'm from Wexford... Mick Wallace is a legend.

    How do you feel about Michael Lowery, Willie O'Dea, Healy-Rae and all the other fine politicians beloved of their locality?


  • Closed Accounts Posts: 503 ✭✭✭whoopdedoo


    cavedave wrote: »
    How do you feel about Michael Lowery, Willie O'Dea, Healy-Rae and all the other fine politicians beloved of their locality?

    by all accounts MW has more brains than the outgoing politicians put together so it should be fine, he has debts alright but nothing compared to the big boys!


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