Access to Information Updates
Readers may recall that at the start of this year we submitted two Environmental Information Regulations requests (EIRs, not FOIs). One was sent to the National Asset Management Agency and the other was sent to Anglo Irish Bank Corporation Limited – the nationalised bank. Both organisations replied by saying that they did not consider themselves … Continue reading “Anglo Irish Bank – a public authority?”
Wexford-based blogger Guido Fawkes – who usually focuses on the goings-on in Westminister – has published what he says is “the list of foreign Anglo-Irish bondholders as at the close of business tonight.” That’s a pretty refined sentence. He doesn’t mention if they’re senior or sub-ordinated, though you’d guess at sub. Nor does he say if … Continue reading “Guido publishes partial list of Anglo bondholders”
Here are more to add to the long list (some have been mentioned before), and it is worth noting all of these companies are subject to the Ethics in Public Office Act: Anglo Irish Bank Limited Anglo Irish Assurance Company Limited Anglo Irish Corporate Bank Limited Anglo Irish International Finance Anglo Irish Asset Management Limited … Continue reading “More Anglo Irish Bank subsidaries”
Audio recording of the so-called ‘Chimpgate‘ conference call between Brian Lenihan and 300 investors arranged by Citibank is embedded below. The audio quality is awful, anyone who can clean it up get in touch and I’ll send you a copy. I advise use of the best headphones you can get your hands on, the sound gets really bad … Continue reading “Lenihan conference call post-Anglo announcement”
So while I’m watching our opposition politicans debate the extension of the guarantee, news breaks on the Financial Times about information they were looking for earlier today. Deficit to reach 30%. Is that a record? Dublin will on Thursday unveil a fresh recapitalisation of Anglo Irish and seek to draw a line under its banking … Continue reading “Anglo failure would ‘bring down’ Ireland”
I’ve started re-examining the documents released by the Department of Finance in advance of the banking inquiry (remember that?). There are lots of interesting bits, and I will return to many of them. But here is one and it relates to the current events around breaking up Anglo – and the ideas of selling off … Continue reading “Breaking up Anglo”
Rare that we’d link to a non-biz/current affairs commentator around these here parts but Shane Hegarty, arts editor of The Irish Times, has a cracking column on Anglo this morning in Weekend Review. More please. On Monday Anglo Irish Bank revealed that its latest half-year losses amounted to roughly the same as it would cost … Continue reading “Hegarty on Anglo”
A common refrain heard from representatives of the Government is that Anglo Irish Bank had to be saved in September 2008, else it would have brought the entire banking system down with it. Government ministers consistently and still come on air to tell us that Anglo was systemically important and that we had to save … Continue reading “Anglo and Lehman”
36665052-Interim-Report-2010-PDF (PDF) 36665052-Interim-Report-2010-PDF (Text)
I’ve been leafing through the company accounts of several interesting Anglo subsidiaries. The numbers would make you ill. Anglo Irish Asset Finance PLC stands out (AIAF for short). The company directors have changed somewhat, but for most of the relevant period the directors were: Brian Linehan (Not the Minister for Finance) Gordon Parker (FG Parker) … Continue reading “Anglo Irish Asset Finance PLC”