And we wonder why they’re attacking the public sector
Nov 5th, 2012 by Donagh
Interesting slide here from irishfunds.ie. It’s taken from a presentation called Ireland: Centre of Excellence for International Financial Services.

View larger size.
It’s full of lots of “fun facts”
There are 388 fund promoters from over 50 countries with Irish domiciled
fundsDuring 2010, 701 new fund and sub-funds launched in Ireland »
New figures (HFR) show that the proportion of global hedge funds domiciled in Ireland doubled to 7.4 per cent by the end of the third quarter 2010 from the end of 2009 – firmly establishing Ireland as the European domicile of choice and home to 63 per cent of all European hedge funds
Analysis of the latest HFM Week Alternative Investments Survey reveals that Ireland now administers 43 per cent of the world’s alternative investment funds

Not sure what your point is.
When you’ve got cashflow problems you need cash. When you need cash you advertise what your market wants to hear.
Would you have us eat cake?