Archive for October, 2012
Article from Finance Magazine on Goodbody’s launch of a hedge fund in 2004 - “estimated at €300-400 million” and aimed at “Irish high net worth individuals.” Minimum investment, €125,000. Goodbody, ostensibly a stockbroker firm but in reality a hedge fund operator, was covered by the 2008 bank guarantee.
Nothing to see here…
The number of government-supported tax exiles in Ireland practically doubled in three years - from 5,803 in 2007, to 10,781 in 2010.
Which is nice…
From BreakingNews.ie, 19 February 2009:
Parliamentary question asked by Joe Higgins, 23 October 2012. Dáil question no. 145:
Peter Bofinger is someone I’ve been reading and reading about in the last couple of days as the trouble at mill continues with Ireland’s bank debt, Germany’s stance on legacy assets and Kenny’s rewriting of history to suggest that the Irish government didn’t unilaterally provide a blanket bank guarantee before the EU could scramble together an EU wide solution […]
2. Shadow Banking and Credit
Ireland and the Shadow Banking System, part one: Shadow Banking and Credit from conormccabe on Vimeo.
3. the IFSC
Ireland and the Shadow Banking System, part two: Shadow Banking and the IFSC from conormccabe on Vimeo.
4. 2008 Bank Guarantee
Ireland and the Shadow Banking System, part three : The 2008 Bank Guarantee from […]
Just to announce an exciting new Dublin Opinion competition open to everyone who thinks they can provide an answer. A smashing Argos cutlery set (see picture of the sparkling lovelies above) will go to the first person who can come up with an alternative to the concept of lobbying to explain how power and political […]
It’s one thing for the Irish monied class to say that the ECB forced them into the 2008 bank guarantee, it’s another for progressives/leftists to fall for it. From Der SpiegEe, 2 October 2008:
“Mention of the plan infuriated many across the EU who feel that the action will unfairly draw money away from other […]