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I already covered this in the 2nd edition of Sins of the Father, but additional confirmation here.
From page 115 of ECB Annual Report for 2013. Thanks to Nessa Ni Chasaide of Debt and Development Coalition for the reference.

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As we keep on saying, the blanket guarantee was about giving Anglo Irish Bank access to the short-term money markets - and now we have documents from HM Treasury pretty much confirming it.
Despite this, I know I’m going to have someone telling me it was the Germans wot done us…. anyways, from the […]

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Slides from presentation given at the summer school.

Who Benefits From Austerity? Mechanics Institute Limerick, May 2013 from conormccabe

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Economics as if People Really Mattered - Week Six - Conclusion from conormccabe

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Selection from the 1987 publication, Debt and Danger: The World Financial Crisis, by Harold Lever and Christopher Huhne, which discusses the rise of credit in the post-war period and the austerity policies of the IMF in Latin America.
The chapters hold a lot of relevance for us here today in Ireland and the EU, as the […]

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Slides for Tuesday’s workshop.

Economics As If People Really Mattered - Week Four - Galway from conormccabe

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Slides from today’s workshop.

Economics As If People Really Mattered - Week Three from conormccabe

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The Irish State will make REITS legal in Ireland in April this year. And REITS will make it possible, albeit indirectly, to monetize distressed mortgages and repossessed homes.
Patrick Honohan - cuddly aul Honohan - is pushing for repossessions.
REITS are also seen as a way of ‘winding down’ NAMA. The vulture fund group, Blackstone, […]

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Economics as if People Really Mattered - Week One from conormccabe
[Update: slides from week one]
Myself and Vicky Donnelly of the Galway One World Centre are starting a series of workshops on Tuesday entitled, ‘Economics As If People Really Mattered,‘ and I thought I’d start posting material relating to it here.
The […]

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