Former trader Nick Leeson says an example was quite rightly made of him when his actions led to the collapse of Barings Bank – why isn’t that happening now?
Enda Kenny said today there was no file in the Department of Taoiseach related to the discussions surrounding the bank guarantee of September 2008, suggesting it may have been shredded.
Geir Haarde was found not guilty on all but one of the five charges brought against him by authorities in Iceland. He was the first world leader to go on trial over the global financial crisis.
Geir Haarde has been found guilty of one of the charges against him – however he will face no punishment and the state will pay his expenses in defending the case.
The Finance Minister has confirmed that 24 staff at the institution, which is 99.8 per cent owned by the State, are continuing to receive salaries in excess of €250,000.
Many SME owners feel powerless in the face of banks, writes George Mordaunt, but if they educate themselves with the revised code of conduct they might find the breathing space they need.
This week, former trader Nick Leeson says it’s time Enda Kenny stop playing softball with the banks and siding with UK politicians – and focus on getting restitution for his citizens.
Ireland and a euro break-up, the truth about tribunals, white collar crime and the dangers of ‘pay day’ loans – former trader Nick Leeson rings the closing bell on 2011.
SME owner George Mordaunt says banking staff should be trained to deal with stressed out and indebted customers who feel under attack and at the end of their tether.
Independent Senator Katherine Zappone argues that the Government succumbed to external pressure to put the requirements of the troika over greater collective recovery and sustainability.
Former trader Nick Leeson finds that those who try to expose problems in the banking sector and would be heroes anywhere else are made pariahs in their world.
The head of Lloyds Banking Group Plc has had to take leave of absence – reportedly because of stress and fatigue. (And it might be the fault of the Irish economy).
Independent TD Stephen Donnelly says even Michael Noonan once argued that this is not our debt; it is not required by the EU/IMF and the markets will punish us for it.
Ireland is virtually alone in not having parliamentary inquiries – and they may finally bring answers about the banking crisis, writes constitutional law expert Donal K Coffey.
The Keane Report, independent TD Stephen Donnelly notes, cites “inappropriate mortgage-holder behaviour”. It does not mention “inappropriate banker behaviour”.
Former trader Nick Leeson laments the lack of real will to bring ex-Irish Nationwide chief Michael Fingleton to account but notes that the excesses of certain individuals are distracting us from the wider banking scandal.
The Minister for Finance has told the Institute of International Finance in Washington that Ireland is ahead of schedule in tackling its banking crisis.
THERE HAS BEEN a lot of discussion around renting across the country lately.
The Tánaiste said yesterday that Budget day is not the only time the Government can take action in the rental sector.
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There have been a number of reports over the past week that both tax breaks for landlords and help for renters might feature in September’s Budget.
Prospective tenants at a recent house viewing in Dublin described the “demoralising” situation looking for rental properties after they waited over an hour with dozens of other people to view a house in Drumcondra.
Recent figures from Daft.ie show that the number of homes available to rent has dropped to an all-time low while the rate of inflation in prices climbed to its highest level in at least 15 years.
So today we’re asking: How much do you pay a month in rent?
A.M. rain, then some rain and a t-storm
Max: 21 °C
Min: 11 °C
Clouds and sun with a shower; breezy
Max: 19 °C
Min: 12 °C
