According to today's
Sunday Times (at
http://www.timesonline.co.uk/tol/news/world/ireland/article5781014.ece
),
"Gerry Gannon, Joe
O’Reilly, Seamus Ross and Jerry Conlan are four of the
businessmen who secretly bought 10% of Anglo Irish Bank
with the bank’s own
cash."==================
Not exactly
"Lovely Hurling" is it?
by
Brian Sun Feb 22, 2009
11:05 "In its two later
assessments, PwC (
Price Waterhouse Coopers)
found that Anglo Irish had a heavy concentration of its
development loans among a small number of borrowers – the bank
has a number of 'very large exposures' with about 15 customers
EACH owing more than
€500
million."
From:
http://www.irishtimes.com/newspaper/finance/2009/0221/1224241590890_pf.htmlThat's
7,500,000,000
Euros these 15 (or so) people have
borrowed.
Where has it all gone to I wonder?
Why
should tax payers -- without being given any proper
explanation -- have to pick up the bill for the losses
involved?
And where will the money to pay off these
debts be coming from?: and at what additional costs to the
nation?
According to today's Sunday Times (
http://www.timesonline.co.uk/tol/news/world/ireland/article5781014.ece
), "Gerry Gannon, Joe O’Reilly, Seamus Ross and Jerry Conlan
are four of the businessmen who secretly bought 10% of Anglo
Irish Bank with the bank’s own cash."
If true, this is
a very interesting way to buy 10% of a bank?
Surely it
must be fraudulent? -- and if so it must involve crime of some
kind which the
Republic of Ireland police (Garda Siochana)
should be vigorously
investigating?
==================
The above text
has been copied from the following
Indymedia (Ireland)
location:
http://www.indymedia.ie/article/91225#comment246082==================
Global Cesspit of
Corruption, Crime, and
Cover-Ups: "The Constitution has been
hijacked" (Registered letter to Prime Minister Brian Cowan
T.D. dated May 9th 2008):
http://www.humanrightsireland.com/PrimeMinisterCowen/9May2008/Email.htm==================
"Garda (Police) Confidential" Hotline:
For
future reference purposes a copy of this
e-mail will later today be placed at the following
address:
http://www.humanrightsireland.com/GardaCommissionerFachtnaMurphy/22February2009/Email.htm
Related Link:
http://www.google.com/search?hl=en&q=Garda+Confidential&btnG=Google+Search&aq=o&oq=
==================
Human Rights (Ireland):
http://www.humanrightsireland.com
==================