The Anglo Irish Tapes

TheFOB

Dostoevsky wrote: »

Does anybody know the answer to these basic questions:

1) Where were/are these tapes kept, and how come they are only coming to light now?

2) If it is common knowledge that financial institutions record phone conversations - as we are all informed each time we talk on the phone to an insurance company, etc, for example - why has it taken five years for journalists or other investigators to come across a basic source like these conversations? Something very fundamental doesn't fit here.

3) If Anglo-Irish recorded their phonecalls, are there similar recordings of Michael Fingleton and the Irish Nationwide fraudsters? What about Eugene Sheehy and the AIB fraudsters? If there is...


Anybody?

The tapes were in the possession of the Gardai for the past 4 years and were probably leaked by a pissed off garda.

brandon_flowers

1) on file, in a filing cabinet

2) Protectionism

3) see 2

Boombastic

From the Irish times

Because the bank’s dealings over the phone with customers, traders and others were recorded in a transparent and ongoing manner, a system was set up whereby calls made using phones in certain divisions were automatically recorded.
The family of bankrupt businessman Seán Quinn, the Garda Bureau of Fraud Investigation and the Office of the Director of Corporate Enforcement are among those who have copies of some of the recordings.

Discovery orders
The copies were handed over as part of discovery orders secured by the Quinns in their actions against the former bank, while the authorities have copies of recordings relevant to inquiries they are conducting.

Grandpa Hassan

Dostoevsky wrote: »

Does anybody know the answer to these basic questions:

1) Where were/are these tapes kept, and how come they are only coming to light now?

2) If it is common knowledge that financial institutions record phone conversations - as we are all informed each time we talk on the phone to an insurance company, etc, for example - why has it taken five years for journalists or other investigators to come across a basic source like these conversations? Something very fundamental doesn't fit here.

3) If Anglo-Irish recorded their phonecalls, are there similar recordings of Michael Fingleton and the Irish Nationwide fraudsters? What about Eugene Sheehy and the AIB fraudsters? If there is...


Anybody?

1 my understanding is that the authorities have had them for a good while, but I guess it has been decided that from a legal perspective there is insufficient in there to bring any charges. So a frustrated someone has leaked them

2. Not all calls are recorded. Calls by customers into customer service areas will be, and all calls made in dealing room environments (where trades are agreed verbally and a telephone record is needed). It amazes me that they were using landlines in the dealing room instead of their blackberrys, which wouldn't be recorded.

3. If any of those other guys were half smart they wouldn't have used dealing room phones....rather their blackberrys

BuilderPlumber

I would also like to know WHY all this protection of Anglo Irish Bank and obstacles in the way of the Gardai in their investigations. I have two theories:

1. The Jintos and their organised criminal allies such as the Dublin drug dealers invested billions in the years after the Good Friday Agreement and fuelled the building boom. In other words, Bertie sold us all out to convince the Jintos to put down their guns.

2. The regular Irish political parties retirement funds depend on what was in Anglo. When originally invested into Anglo in the early 2000s or before, they were expected to perform well. No one would expect that from 2000 onwards, the IT crash, the 2000-2002 recession, Foot and Mouth Disease, 9/11, the Iraq war and carelessly poor banking regulations and a culture of risk would all join forces to kill off the Irish economy.

Possibly and more than likely BOTH of the above are the case. But Anglo Irish Bank did as much damage to the world economy in its own way as the Iraq war. Anglo turned a minor EU recession into a major economic depression. And all for what? The greed of 3 or 4 Anglo bwankers.

Einhard

Not sure what people expect the government to do about this. I want prosecutions as much as the next person, and hefty sentences too, but no government can just disregard the law and due process whenever they feel like it. That would be setting a pretty dangerous precedent, and not something I'd want done in my name.

BuilderPlumber

The difference in countries' bankers across the world:

US: Corrupt banker jailed or 30+ years. Will not be released for at least 30 years and may die in prison.
Iran: Corrupt banker sentenced to death. May have the death penalty acquitted but will instead at least serve 30 years.
Germany: It just would not be tolerated.
Ireland: Corrupt bankers coerce the government into bailing them out, the people pay for it, some of the bankers flee and others stay but NONE are jailed or punished in any real way.

We got the sh*t end of the deal here.

Curly Judge

In the end we are left with four options:

[1] Hold an Oireachtas enquiry.
Look where that ended up in the case of Ivor Callely.
The bunch of muttoners screwed it up to such an extent that he got money out of us .

[2] Prosecute them under the law as it existed in 2008.
A Senior Council told me that the law as it existed then was virtually useless
for cases like this.

[3] Try them before the Special Criminal Court on the grounds of treason.
Again the SC told me that you can't do that unless you pass a referendum giving authority to this type of draconian move.
This would be my preferred option but I'm not sure how the European Court
would react to the introduction of what would be effectively retrospective legislation?

[4] Hold a sworn inquiry before a high court judge. [The SC's preferred forum]
I asked him if he wasn't drawing water to his own well and he replied that everyone is entitled to a defence unless we want to go down the road of Lynch Law . Given this man's age he is unlikely to benefit from the gravy train so I take what he says at face value.

NuckingFacker

Einhard wrote: »

Not sure what people expect the government to do about this. I want prosecutions as much as the next person, and hefty sentences too, but no government can just disregard the law and due process whenever they feel like it. That would be setting a pretty dangerous precedent, and not something I'd want done in my name.

Any source for that? Or link? Otherwise, I am a tad sceptical.

withless

I think its good that the greed and stupidity of the average Joe Soap is getting its 97 years of fame at last.

Wurzelbert

Einhard wrote: »

Not sure what people expect the government to do about this. I want prosecutions as much as the next person, and hefty sentences too, but no government can just disregard the law and due process whenever they feel like it. That would be setting a pretty dangerous precedent, and not something I'd want done in my name.

yeah, that’s what i meant in an earlier post…i would like to know what laws these guys have actually broken, if any, and what could be coming to them in an ideal scenario in today’s irish legal system…that’s really my main question at the moment...if they have not broken any laws - which seems hard to believe given they tried to screw the state and lied to the regulator about billions and all, but who knows - they will be left untouched and rightly so…legally anyway…

BuilderPlumber

Einhard wrote: »

Not sure what people expect the government to do about this. I want prosecutions as much as the next person, and hefty sentences too, but no government can just disregard the law and due process whenever they feel like it. That would be setting a pretty dangerous precedent, and not something I'd want done in my name.

Unfortunately, that's what the bwankers did. Anglo Irish Bank and their bwanker heads acted if they controlled Ireland and could do what they like. And for a long time they did. This upstart investment bank was the worst thing ever for Ireland and allowed all the corrupt politicians, developers and criminals to siphon money away. Where would all these slimeballs be otherwise??

Funkygreendogs

I think most people could be at least capable of closing their bank accounts (if they havent already done so) and revert to using other alternative means such as can be found online or asking to be paid in cash at work, obviously those already saddled with unpayable mortages will be unable to pay off the outstanding amounts necessary. Many others have spoken out by moving out of the country altogether, if anyone thinking about working or moving abroad even for a temporary stay, in big numbers might it be a powerful enough force in itself to send a message.

Or just shut up whining already 'theres nothing you can do' and go back to eating your f****** horse burgers.

Wurzelbert

BuilderPlumber wrote: »

The difference in countries' bankers across the world:

US: Corrupt banker jailed or 30+ years. Will not be released for at least 30 years and may die in prison.
Iran: Corrupt banker sentenced to death. May have the death penalty acquitted but will instead at least serve 30 years.
Germany: It just would not be tolerated.
Ireland: Corrupt bankers coerce the government into bailing them out, the people pay for it, some of the bankers flee and others stay but NONE are jailed or punished in any real way.

We got the sh*t end of the deal here.

i sort of like the iranian model...

jamesccp

it was mentioned on vincent browne that the NTMA stopped all dealings with anglo in 2006. I think there was widespread corruption within the regulator and the dept of finance for them to allow this farce to continue. I would like to hear some of their tapes

Notorious97

I just find all of this hilarious, seriously ive lost faith in the powers that be in this country

If this stuff doesnt get you locked up then i dont know what will, christ almighty people who fought and died for this country are probably wondering why the fuc* they bothered going to the GPO that day!

RiverOfLove

I didn't want to listen to any of the tapes and I've getting my news online about this but just the two tapes just now on prime time and I'm truly sickened.

RiverOfLove

BuilderPlumber wrote: »

The difference in countries' bankers across the world:

US: Corrupt banker jailed or 30+ years. Will not be released for at least 30 years and may die in prison.
Iran: Corrupt banker sentenced to death. May have the death penalty acquitted but will instead at least serve 30 years.
Germany: It just would not be tolerated.
Ireland: Corrupt bankers coerce the government into bailing them out, the people pay for it, some of the bankers flee and others stay but NONE are jailed or punished in any real way.

We got the sh*t end of the deal here.

You left iceland and their bankers out. Not sure what punishment the iceland bankers got but they got something.

Dyr

Einhard wrote: »

Not sure what people expect the government to do about this. I want prosecutions as much as the next person, and hefty sentences too, but no government can just disregard the law and due process whenever they feel like it. That would be setting a pretty dangerous precedent, and not something I'd want done in my name.

Yeah bollox to that, this state has used extraordinary powers to protect itself at various points in its short history and to hell with peoples rights. This is a clear case for that.

tayto lover

I am closing my bank accounts tomorrow.
It's the credit union from now on. At least i'm a shareholder there and they have an ATM.
Parliamentary inquiry me arse. Another cover up.

RiverOfLove

For all you people who can't afford a box of corn flakes from aldi this week:

Sean fitzpr1ck, supposedly bankrupt, is holidaying in spain.

Gringo180

Why the fcuk are Fine Gael trying to point score now, these scumbags are all the same bitching about how there better than the other parties but yet doing absolutley fcuk all about the problem, Waankers!!:mad:

tayto lover

RiverOfLove wrote: »

For all you people who can't afford a box of corn flakes from aldi this week:

Sean fitzpr1ck, supposedly bankrupt, is holidaying in spain.

Thought he'd be out visiting Drumm and enjoying the hospitality of that big mansion.

Grandeeod

tayto lover wrote: »

I am closing my bank accounts tomorrow.
It's the credit union from now on. At least i'm a shareholder there and they have an ATM.
Parliamentary inquiry me arse. Another cover up.

Trust me Dude, the CU will screw you nearly as quick. I appealed a CU case when Patrick Neary was regulator. The treatment doled out confirmed to me that major ****e was coming down the line.

THERE WAS ABSOLUTELY NO REGULATION!

rusheen

At the simplest form of lending you ask can the borrower pay you back . Go to the credit union for e500 loan theyll look into you to see if you can actually pay it back .

e7,000,000,000 the government never went into Anglo to check their books .

Now fine gael/ labour are blaming FF , where were they ? they should protested and shut the country down before they let this happene . sad part is only a week ago FF were high up in the polls .

Without the bank bailouts Ireland would be fine
But then again the US is gazillions in debt they'll never be able to pay back their debt so why should we worry

SpaceTime

RiverOfLove wrote: »

For all you people who can't afford a box of corn flakes from aldi this week:

Sean fitzpr1ck, supposedly bankrupt, is holidaying in spain.

The Spanish would have a lot of solidarity with the position we find ourselves in. Perhaps someone should give some Spanish journos a tip off!!

Gringo180

RiverOfLove wrote: »

For all you people who can't afford a box of corn flakes from aldi this week:

Sean fitzpr1ck, supposedly bankrupt, is holidaying in spain.

Its absolutely sickening. I have received my 3rd letter in the post today warning that I need to pay the TV license. Well they can go and sing for it because there is no way I am paying it. They can lock me up all they want.

RiverOfLove

Gringo180 wrote: »

Why the fcuk are Fine Gael trying to point score now, these scumbags are all the same bitching about how there better than the other parties but yet doing absolutley fcuk all about the problem, Waankers!!:mad:

That's it. They've been in power since feb 2011 and they are only calling for an enquiry into the banking guarantee now. That should have been one of the first things on their plate when they gained office.

Enda is so fake speaking in the dail. It's all an act from him, probably with scripted writing for him to learn.

Gringo180

Wonder will any member from FF or FG be on the Vincent Browne show tonight, I highly doubt it :rolleyes:

jamesccp

thank god for Vincent browne