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IBRC getting Liquidated.

24567…42

Comments

  • #32
    Zebra3
    Registered Users, Registered Users 2 Posts: 14,299 ✭✭✭✭Zebra3


    M three wrote: »
    Sorry to disappoint you but what makes you think we OWN anglo/ibrc?
    We bailed them out not 1 cent of that money will ever be returned to us taxpayers.

    We (the Irish taxpayer) own it as in it's our liability. :mad:


  • #33
    Faze11
    Registered Users, Registered Users 2 Posts: 218 ✭✭Faze11


    Anyone know what might happen to the 900 plus staff.


  • #34
    johnr1
    Closed Accounts Posts: 965 ✭✭✭johnr1


    Jonathan222 wrote: »
    I smell a quango, with Bertie, Biffo, and fellow Galway tent dwellers running the show on a healthy wage and additional pension of course. Loving your work Ireland.

    No, its the other gang of theives this time.


  • #35
    PC CDROM
    Closed Accounts Posts: 408 ✭✭PC CDROM


    My name is URL wrote: »
    I wonder if this has anything to do with the recent legal case brought against the issuing of promissory notes... maybe they're worried that a further action is on the cards and want to cover themselves since they know they haven't a chance of beating it.


    It is on tomorrow morning. 10:30 I wonder who the Judge is and if the Government is rattled?

    Currently sources in the ECB are saying they haven't reviewed the proposal fully. So why the rush?

    Me thinks they need to have a vote on this all before the case tomorrow. As the case hinges on there never having being a vote.


  • #36
    M three
    Registered Users, Registered Users 2 Posts: 1,142 ✭✭✭M three


    Faze11 wrote: »
    Anyone know what might happen to the 900 plus staff.

    Head honcho mike anslysey is on 900+ thousand a year so who gives a f*ck


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  • #37
    SEPT 23 1989
    Registered Users, Registered Users 2 Posts: 43,038 ✭✭✭✭SEPT 23 1989


    Pity AIB did not go the same way years ago


  • #38
    Faze11
    Registered Users, Registered Users 2 Posts: 218 ✭✭Faze11


    M three wrote: »

    Head honcho mike anslysey is on 900+ thousand a year so who gives a f*ck

    I do. My wife works there and we have 2 kids and a mortgage.


  • #39
    radioactiveman
    Closed Accounts Posts: 324 ✭✭radioactiveman


    I couldn't tell exactly what is happening from the Indo or Irish times articles...
    FT has a fairly good explanation though

    http://www.ft.com/intl/cms/s/0/926f3354-7081-11e2-a2cf-00144feab49a.html#axzz2K9T2WxR9


  • #40
    Boombastic
    Closed Accounts Posts: 6,496 ✭✭✭Boombastic


    M three wrote: »
    Head honcho mike anslysey is on 900+ thousand a year so who gives a f*ck

    they'll probably stage a sit it:D


  • #41
    M three
    Registered Users, Registered Users 2 Posts: 1,142 ✭✭✭M three


    Faze11 wrote: »
    I do. My wife works there and we have 2 kids and a mortgage.

    Sorry to hear but I probably wouldn't advertise the fact that you know someone who worked in the largest failed bank ever.


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  • #42
    Faze11
    Registered Users, Registered Users 2 Posts: 218 ✭✭Faze11


    M three wrote: »

    Sorry to hear but I probably wouldn't advertise the fact that you know someone who worked in the largest failed bank ever.

    I really don't think its fair to insinuate that all of the staff are to blame TBH.


  • #43
    dj jarvis
    Registered Users, Registered Users 2 Posts: 3,485 ✭✭✭dj jarvis


    PC CDROM wrote: »
    It is on tomorrow morning. 10:30 I wonder who the Judge is and if the Government is rattled?

    Currently sources in the ECB are saying they haven't reviewed the proposal fully. So why the rush?

    Me thinks they need to have a vote on this all before the case tomorrow. As the case hinges on there never having being a vote.

    its all being rushed tonight becasue the irish central bank is, as we speak in frankfurt getting the nod from the central council of the ECB .

    we would not get this deal unless anglo was liquidated in some form,
    im hearing it dodges the legal issues that the ECB had with financing a bank,
    if its liquidated then its a bank no more
    a bit like nonnans 3 card trick on the note last march

    all will be revealed if this deal in frankfurt goes ahead

    watch this space


  • #44
    SEPT 23 1989
    Registered Users, Registered Users 2 Posts: 43,038 ✭✭✭✭SEPT 23 1989


    If they fcuk this up again they should call an election


  • #45
    Boombastic
    Closed Accounts Posts: 6,496 ✭✭✭Boombastic


    dj jarvis wrote: »
    its all being rushed tonight becasue the irish central bank is, as we speak in frankfurt getting the nod from the central council of the ECB .

    we would not get this deal unless anglo was liquidated in some form,
    im hearing it dodges the legal issues that the ECB had with financing a bank,
    if its liquidated then its a bank no more
    a bit like nonnans 3 card trick on the note last march

    all will be revealed if this deal in frankfurt goes ahead

    watch this space

    No deal tonight: ECB wants more time



    EUROPEAN Central Bank leaders decided tonight that they want more time to consider a proposal presented by Ireland today to restructure the cost of the promissory notes, sources said.


  • #46
    Pottler
    Closed Accounts Posts: 5,073 ✭✭✭Pottler


    SEPT 23 1989 wrote: »
    If they fcuk this up again they should call an election
    Their definition of "a fcuk up" might be a bit different to ours. If a "fcuk up" leads to millions in bonusses, salaries and debt hived off onto the mugs, as well as hugely lucrative work for auditors, bond traders, liquidators and accountants, one mans "fcuk up" might be anothers new house in the Algarve..


  • #47
    ThreeLineWhip
    Closed Accounts Posts: 473 ✭✭ThreeLineWhip


    Faze11 wrote: »
    Anyone know what might happen to the 900 plus staff.

    Transferred to Monaghan to be turned into horse burgers.


  • #48
    squod
    Closed Accounts Posts: 8,702 ✭✭✭squod


    Faze11 wrote: »
    I do. My wife works there and we have 2 kids and a mortgage.

    Lots of people have two kids and a mortgage.


    Boombastic wrote: »
    From RTE
    Under the plan, IBRC’s assets would be transferred to the National Assets Management Agency.

    Getting back to this point, didn't I hear before that this kind of thing wouldn't happen again? Isn't someone in ''Europe'' meant to stop fuhken lunatics like Edna from making decisions like this? Where the fuhk are the judiciary and the regulators? Have they fuhked off on us again?????

    https://www.youtube.com/watch?v=QVXi-F6vZ-Q


  • #49
    Zebra3
    Registered Users, Registered Users 2 Posts: 14,299 ✭✭✭✭Zebra3


    SEPT 23 1989 wrote: »
    Pity AIB did not go the same way years ago

    We bailed that out decades ago and we're still paying for its insurance failure for about another 50 years.


  • #50
    Faze11
    Registered Users, Registered Users 2 Posts: 218 ✭✭Faze11


    squod wrote: »

    Lots of people have two kids and a mortgage

    And that's why they would also be concerned.


  • #51
    magick
    Registered Users, Registered Users 2 Posts: 2,479 ✭✭✭magick


    IBRC, that name always reminds me of a mutated alien baby saying "kill me....kill meeeeee"


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  • #52
    Pottler
    Closed Accounts Posts: 5,073 ✭✭✭Pottler


    It's all gone very secret squirrell in the dail tonight, seems the old board of Anglo11 Ibrc are getting a bit of a clear-out and a lot of new legislation is being horsed through in the usuall(we're up to no good)way when sommthing that suits them needs to get done. The last time I saw activity like this, they guaranteed the banks(mighty stroke 1), we could be in for another 100 years of debt if this level of croak and blaggers is anything to go by.


  • #53
    Seraphim1
    Closed Accounts Posts: 17 ✭Seraphim1


    Is this likely to have a negative impact my Anglo shares


  • #54
    Pottler
    Closed Accounts Posts: 5,073 ✭✭✭Pottler


    Seraphim1 wrote: »
    Is this likely to have a negative impact my Anglo shares
    No, none. They can't go any lower...They might go up a bit as collectors items in a few years time. Seems Alan has got his P45, sad to see him go, I hope he is able to get by with the Dole. Another late night "cooking" session" in the Dail, another dumb deal. Lenihans "magic" promissory notes, will be converted into solid Govt Bonds, debt we will 100% have to repay to the ECB. After the bank guarantee, this has to be the dumbest scheme yet devised by the DOF. Legalising an illegal act is the least jaundice view to take of this, great carry on for a Govt elected by and for the people. More Bananas Vicar?


  • #55
    My name is URL
    Registered Users, Registered Users 2 Posts: 25,626 ✭✭✭✭My name is URL


    Fear not, people. Our president is on his way back from Italy to fix everything :pac:

    http://www.thejournal.ie/president-higgins-ireland-ibrc-785637-Feb2013/


  • #56
    Banjo String
    Closed Accounts Posts: 14,380 ✭✭✭✭Banjo String


    My biggest fear its that another treacherous 'stroke' is about to be bestowed on the Irish people by a bunch of **** in suits, pensioned up for life.

    Not our debt?

    Its about to be.:mad:


  • #57
    Boombastic
    Closed Accounts Posts: 6,496 ✭✭✭Boombastic


    My name is URL wrote: »
    Fear not, people. Our president is on his way back from Italy to fix everything :pac:

    http://www.thejournal.ie/president-higgins-ireland-ibrc-785637-Feb2013/

    Ha, I heard he had been summoned, suprised to see he'll be heading back tomorrow though. He won't have much time to give it consideration:)

    The President departed Rome at 7:30pm local time for Fiumicino airport and Dublin, to make himself available on the possibility of there being legislation to consider.

    He intends to return to Italy tomorrow and looks forward to meeting with President Napolitano tomorrow evening, and with the director-general of the UN Food and Agriculture Organisation, Jose Graziano da Silva.


  • #58
    Pottler
    Closed Accounts Posts: 5,073 ✭✭✭Pottler


    Boombastic wrote: »
    Ha, I heard he had been summoned, suprised to see he'll be heading back tomorrow though. He won't have much time to give it consideration:)

    The President departed Rome at 7:30pm local time for Fiumicino airport and Dublin, to make himself available on the possibility of there being legislation to consider.

    He intends to return to Italy tomorrow and looks forward to meeting with President Napolitano tomorrow evening, and with the director-general of the UN Food and Agriculture Organisation, Jose Graziano da Silva.
    They'll understand why he has to leave for a bit. "I gotta take care of bidness. I try to break away, but every time, they drag me back in"..


  • #59
    Pottler
    Closed Accounts Posts: 5,073 ✭✭✭Pottler


    Prime time cancelled, crappy movie substituted. Govt going to fall? No idea of what is going on seems to be the general view. This could be HUGE.:)


  • #60
    Boombastic
    Closed Accounts Posts: 6,496 ✭✭✭Boombastic


    Pottler wrote: »
    Prime time cancelled, crappy movie substituted. Govt going to fall? No idea of what is going on seems to be the general view. This could be HUGE.:)

    Vinny Browne will be covering it.


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  • #61
    dj jarvis
    Registered Users, Registered Users 2 Posts: 3,485 ✭✭✭dj jarvis


    Pottler wrote: »
    Prime time cancelled, crappy movie substituted. Govt going to fall? No idea of what is going on seems to be the general view. This could be HUGE.:)

    biddy catching miley in the cow shed with fidelma huge ????


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