Irish Diaspora Conference
Image via Wikipedia Well done to David McWilliams and the Irish Government on the forthcoming conference with leaders drawn from the Irish diaspora. Reread the piece in the Irish Times earlier this week. Topics to include: the global economy: positioning Ireland for the upturn Ireland – the innovation island promoting brand Ireland through our global [...]
More positive news on Ireland’s ability to raise money
Today’s report in the Sunday Tribune represents a more positive spin from the Irish press on Ireland’s outlook – and takes a positive perspective on the recent ESRI report. Credit to Minister Lenihan and his officials for managing to turn around the profile of the country – through definitive action in Ireland and better interntional [...]
The need for capitalism
Seems difficult at the moment to find much positive comment re capitalism. When we have a requirement for the taxpayer to bail out the banks seems quite reasonable that we are all a little sceptical about the effectiveness of what has been played out as capitalism. Quite understandable also that the shareholder (effectively the State, [...]
Sooner rather than later
entity to hold the ‘toxic assets’ of the banks
Irish government role in Banks
The account in today’s Irish Times of Dermot Desmond’s questions in relation to the recent appointment of a new chief executive of Bank of Ireland is not unexpected – he is expressing a concern felt by many people. Even if the new appointee is the best man for the job – the author would not [...]
Worse than feared?
When you read The FT’s Insight from Thursday: Time to expose those CDOs it’s difficult to be optimistic. The analysis would suggest theat the position in respect of Collateralised Debt Obligations is worse than we may have hoped for. The theme of the Insight is that it’s probably time to have some auctions and bottom out [...]
Are we for real? Who is running the banks in Ireland?
How does a government lend €3.5Bn to a Bank which is worth €300m and not take control? Last week we saw the appointment of a new CEO at Bank of Ireland. Obviously he was seen within the Bnk as the best man for the job – and he may well be. But the Bank is [...]
What and who gets squeezed in Ireland
I see Paul Duffy urging at the US Chamber of Commerce lunch yesterday that we should use the opportunity of the recession to squeeze costs. At the same time he wants the critical 12.5% CT rate maintained. He wants us to move away from overreliance on transaction type taxes e.g. property tax. Tom Parlon is [...]
Damning assessment of Irish Economy
By Barry O'Gorman on March 21, 2009
Dan O’Brien (senior Editor & Economist, the Economist Intelligence unit) did not hold back in his call to action in his article in the Irish Times yesterday. O’Brien is a well known face to the Irish public – through his regular appearances on Prime Time. Clearly he is very fearful for the outlook for the [...]
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Posted in banking, Economy, Finance, Ireland | Tagged bank, Bank of Ireland, CEO, CNN, Dan O'Brien, David McWilliams, Eamonn Dunphy, Economist, Fianna Fail, Fine Gael, Ireland, irish times, main bank boards, Michael Soden, Minister for Finance, National Government, Pear Harbour, politician, senior Editor & Economist, the Economist, The Irish Times, toxic bank, toxic_assets, United States, well informed commentator | Leave a response