• obamaireland-260x184


    Ireland’s Economy Is Growing About Half As Fast As It Needs To

    So it is the perfect time for the sages at S&P to reward it with a ratings upgrade.

    / Jun 9, 2014 at 5:09 PM
  • Michael-Noonan


    When Will Allied Irish Bank Execs Start Receiving Bonuses Again?

    Let’s see it’s just after 7:30PM in Dublin so carry the one and Finance Minister Michael Noonan is going to go with NOT ANY TIME SOON.

    / Jan 29, 2014 at 2:37 PM
  • daviddrumm


    Ex-Anglo Irish Banker Is Sorry You Had To Hear That

    An Irish banker taped saying he would demand cash from authorities to keep operating and making light of a 2008 bailout, prompting criticism around Europe, apologized for his comments in an interview published on Sunday. Public outrage has grown after the Irish Independent published taped telephone conversations between executives of the now-defunct Anglo Irish Bank, […]

    / Jul 1, 2013 at 5:08 PM
  • News

    Irish Eyes Are Smiling

    Because they’ve gotten a tiny bit of good news. Or because they are, in spite of history both distant and recent, congenitally optimistic without cause, at least when compared with Egyptians.

    / Apr 22, 2013 at 5:44 PM
  • News

    You Can’t Spell PIGS Without ‘Ireland’

    Ireland’s long, hard struggle to avoid becoming Greece without the beaches or sunshine has at last borne fruit.

    / Feb 8, 2013 at 2:02 PM
  • News

    Irish Parliament Okays EU/IMF Bailout Package, Fake Irishman Weighs In On Crisis

    Reuters reports that Ireland’s parliament has approved the 85 billion euro bailout, by a vote of 81 to 75. In related news, one Canadian posing as a Irish citizen recently offered his two cents on the situation, noting that there are four causes of Ireland’s current predicament. They are: 1) ‘greed, greed and more greed’ […]

    / Dec 15, 2010 at 10:20 AM
  • News

    Ireland Finance Minister Says No Bonuses For Allied Irish Banks

    Brian Lenihan is finished playing mister nice guy.

    / Dec 14, 2010 at 2:41 PM
  • News

    Bonuses At RBS To Be ‘Downsized’ At Least 30 Percent

    Earlier this week, we got word via some RBS higher-ups that bonuses for the Queen’s bitches would be “less than 2009″ this year. How much less? If you’re lucky, apparently thirty percent and if you’re not, more. So, this is not the best news if you happen to be an employee of the Royal Bank […]

    / Dec 10, 2010 at 11:57 AM
  • News

    Ireland: Fitch Has No Idea What It’s Talking About

    Earlier today, Fitch downgraded Ireland three notches to a triple-B plus rating, citing “weaker prospects and greater uncertainty regarding the economy as a result of the intensification of the financial crisis,” noting that Ireland’s sovereign credit profile is no longer consistent with a high investment grade rating.” According to the Emerald Isle, this is bull […]

    / Dec 9, 2010 at 1:53 PM
  • News

    Ireland Might Get A Little Money To Tide Itself Over, If Country Can Swallow Its Pride

    The Journal reports that “European finance ministers working on an international aid package for Ireland want the U.K. to make bilateral loans to Dublin as part of a larger aid package that could total up to €100 billion ($136 billion) and include credit from the euro zone and International Monetary Fund,” according to people familiar […]

    / Nov 16, 2010 at 12:43 PM
  • News

    Irish Prime Minister Brian Cowen Knows What You’ve Been Saying About His Country And Frankly Finds It Outrageous And Insulting

    “One of the great pejorative terms that continue to be used is this thing of bailout which suggests that the country is in some way seeking not to meet its obligations, to meet its own debts,” Cowen said, rejecting the suggestion that Ireland will be unable to fund its obligation. “That is not the case.” […]

    / Nov 15, 2010 at 3:13 PM
  • News

    This Is Why Ireland Is In Trouble

    From: Ian [redacted] Sent: 22 October 2010 10:24 To: John [redacted] Subject: RE: Wed

    / Nov 10, 2010 at 12:45 PM
  • News

    Ireland Finance Minister: Reports That I Was “Heckled” Greatly Exaggerated

    As you may have heard, on Friday Citigroup held a call with Brian Lenihan, Ireland’s Finance Minister. Here’s how it was described by the Telegraph: The call with Brian Lenihan and hundreds of investors rapidly descended into farce, forcing Citigroup, which staged the event, to pull the plug. The treatment of the minister, which comes […]

    / Oct 4, 2010 at 4:04 PM
  • News

    Ireland Keeps Screwing Things Up

    Europe just emerged from the recession, but the Irish continue to insist on trying to ruin things. The Celtic Tiger is dead, and Eire is reduced to joining the ranks of Europe’s financial lepers, Italy, Greece and Portugal. Credit-default swap prices on the sovereign debt of those countries are rising, meaning that Fitch Ratings might […]

    / Nov 23, 2009 at 5:23 PM
  • News

    Foul Icelandic Wind Blows Southeast Into Ireland

    Central Bank and Financial Services Authority of Ireland headquarters, DublinLast year, we learned what happens when a small island in Europe filled with people who talk funny bets the farm on the financial services industry. Are the Irish next? Lovely emerald Eire, the European economic miracle of the last few decades, has run into some […]

    / Nov 4, 2009 at 10:50 AM
  • News

    The Wisdom Of Uncapped Depository Insurance

    Interestingly, Ireland has unlimited coverage for depositors in major Irish banks. That sounds like a great idea when its passed in a legislative body and various parties who need to look a bit more populist this year without losing their capitalist credentials are prone to support such things. But the piper eventually comes calling with […]

    / Oct 1, 2008 at 1:44 PM

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