Comments on: Bankrolling a Bank. Ireland's Government Guarantees Liabilities of Credit Institutions.

By: Bock

Bock — Thu, 02 Oct 2008 21:00:41 +0000

Ah! What a great idea. At least we'd see some passion and commitment.

By: King's Bard

King's Bard — Thu, 02 Oct 2008 17:42:34 +0000

The lemmings have taken over Leinster House….em…I wonder would we get a better performance if we renamed it Munster House.

By: Andrew

Andrew — Thu, 02 Oct 2008 12:33:44 +0000

The government didn't want to look before they leaped! They knew what they'd see would be 'rather unpleasant' yet they still leaped ! Some kind of collective madness or what?

By: Little Nicky

Little Nicky — Thu, 02 Oct 2008 07:47:35 +0000

Bock, I think you're taking well deserved credit(pardon the pun) from the greedy, crooked fuckers who run the country. Let's just say it was a team effort

By: Bock

Bock — Thu, 02 Oct 2008 00:01:35 +0000

Well, since you ask, I might have tried to establish precisely what the banks' exposure was before guaranteeing anything. I might have assessed which of them were worth saving based on that information and I might also have decided to take some equity in them. I don't think I'd be guaranteeing their liabilities.

Also, while there may well be a failure of global regulation, that's not what caused the problem. The problem was caused by the greedy, crooked fuckers who run the banks.

By: Benny the Bridgebuilder

Benny the Bridgebuilder — Wed, 01 Oct 2008 23:03:24 +0000

When it comes to the blame game I agree with you, but faced with the present situation what would you have done.

Unfortunately, meltdown extends the problem to the depositors.

You want to hit the gobshites, then don't guarantee the shares. The golden handshakes will evaporate. Unfortunately so will a lot of people's pensions.

This is a failure of global regulation which allowed bundles of shite to be parcelled up in glossy wrapping paper. Gordon Brown in right on this one.

I'm staying tuned.

By: Little Nicky

Little Nicky — Wed, 01 Oct 2008 17:03:22 +0000

Well that fucking does it !!!! That fucking takes the biscuit !! Just read this article from RTE's website;

http://www.rte.ie/news/2008/1001/markets.html

That slimey, snivilling, sack of shit, Mr. Potatohead, fuckwit Cowen, went over to ask "backing", also known as "permission", from Nicolas Sarkozy to give all our money away. I don't know how much you know about the little nasty facsist fuck who inspired my pseudo, but this is really the last straw for me.
If there's anyone I would bet on doing in France(or Europe) what the Bush administration has done to the US, then it's Nicolas Sarkozy.
Honestly, he's like the love child of Charlie Haughey and knife-throwing fench miget.
He's just the type of guy who'd like to throw a big sack of cash to his rich business friends. Though I'll say this for Nicolas Sarkozy, I don't think even he would have the bearfaced cheek to try and cheat the french public out of Ã¢â€šÂ¬400 billion in one go !

By: de fan

de fan — Wed, 01 Oct 2008 16:52:51 +0000

see it's not all bad news,and my family shouldn't go hungry until well into the new year.

By: King's Bard

King's Bard — Wed, 01 Oct 2008 16:11:35 +0000

Well a ticket to the match is probably worth more than the country at the moment.

By: Bock

Bock — Wed, 01 Oct 2008 16:03:44 +0000

That's all right then. You might be out of work and the country might be at risk of bankruptcy, but at least you have a ticket for the match.