Irish Eagle
Wednesday, February 25, 2009

Is there any good news out there at all?

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Well, if you believe in President Obama's stimulus plan that might qualify as good news for those of us in Ireland who are just waiting,...

"A guy's guy"

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The NY Times says the new Archbishop of New York is "a guy's guy". The Times says that people in the Church believe this will...
Monday, February 23, 2009

Is it time for a show trial?

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I heard George Lee and Brendan Keenan on Morning Ireland this morning agree that the issue of the "Anglo 10" was next to nothing ...
Sunday, February 22, 2009

Same old nation ...

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I had a bad thought today. I was listening to Newstalk when their little promo came on: "Different nation, different station." Aft...

"Your questions answered"

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Okay. That took two minutes and, no, your questions are definitely not answered . Not unless one of your questions is, "How are Anglo’s...

The Reports

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The Anglo-Irish Annual Report and the published version of the PricewaterhouseCoopers report into the bank are available online. Will I ha...

Microfinance, not aid

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The 'Anti-Bono' is how the NY Times describes Dambisa Moyo. She wants foreign aid to Africa to stop because it breeds corruption an...
Saturday, February 21, 2009

Toxic tourist attraction on the quays

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Gotta love the suggestion from German bank West LB that Dublin be the world's toxic bank capital . The state government of North-Rhine W...
Friday, February 20, 2009

Heroes?

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Hmm. Businessman Ulick McEvaddy described the Anglo 10 - the 10 businessmen who bought Anglo-Irish shares with money borrowed from Anglo-Ir...

For sale in Buffalo - get em while they're hot(?)

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The Irish Independent's property pages features a rental property in Buffalo, NY. {Why? I have no idea. I would have imagined that the ...
Thursday, February 19, 2009

CFD's

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I can remember when I first heard of Credit Default Swaps how I spent hours looking for an explanation as to what exactly they were, how th...
Wednesday, February 18, 2009

It's every man for himself

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Sorry for the silence this week. I've been busy hoarding canned goods and reading survivalist web sites - amazing how many useful tips t...
Monday, February 16, 2009

"We're making a commitment to you."

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Anyone who's uneasy about the €7bn recapitalization of AIB & Bank of Ireland got a major confidence booster yesterday when they open...
Friday, February 13, 2009

And what was Bank of Ireland's share doing at that time?

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Just so I'd have something to compare it with, I checked Bank of Ireland's share price and trading volumes for the same period as I ...

Did the market react to the IL&P deposit?

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Just out of curiosity I decided to go back and see how Anglo's shares were doing around the time that IL&P and Anglo-Irish were play...

He's still not unemployed

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Okay, in today's Irish Independent , Niamh Brennan says that the IL&P transactions with Anglo-Irish bank "meet" the defin...
Thursday, February 12, 2009

Lenihan must be fired

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No decision taken by the Government was affected in any way by the fact that I did not read page 129 of the report, because my officials rea...

He didn't read the report

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It beggars belief. The future of the state is on the line and the Minister for Finance can't be bothered to read the full report on the ...
Tuesday, February 10, 2009

NYC 400

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I remember being in Dublin during 1988 when we were all celebrating the Millennium. It was sort of a great joke among all the city's res...
Monday, February 09, 2009

B of I pay cuts needed

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Last week's big story was the government's imposition of a pension levy on public sector employees. Although I agree with the gover...
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