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Sunday 10 December 2023 Dublin: 10°C

# Financial Crisis

All time
State to sell 15% chunk of its AIB stake over the next six months, Donohoe announces
The plan is similar to the one used by the Government to sell part of its remaining bailout-era stake in Bank of Ireland.
FactCheck: Was Micheál Martin right to say that the banks were not bailed out in 2008?
The Taoiseach has suggested that the bank guarantee was an investment.
Macclesfield Town wound up due to debts of over €500k
The club was recently relegated from League Two after being docked points for breaches of regulations relating to the non-payment of wages.
'Economic shock' of Covid-19: Some central banks cut interest rates as Lagarde raises spectre of 2008
The economic effects of coronavirus can be mitigated “if we handle it well,” according to the Bank of England.
Bray chairman O'Connor resigns but uncertainty over the club's future remains
Denis O’Connor has stepped down from his post this evening.
Bray Wanderers 'back in business' after securing funds to pay players
The struggling League of Ireland club have received renewed support in recent days.
Iceland's jailed bankers say they were scapegoats for the financial crisis
They’re taking their cases to the European Court of Human Rights.
One bank is telling investors to 'sell everything' as stock markets tank
Everybody’s worried about China.
Inside the "unrelentingly harsh", maximum-security prison where David Drumm will spend Christmas
The Plymouth County Correctional Facility has housed infamous murderers and terrorists, and now, the former CEO of Anglo.
Bertie says crisis caused by 'Joe Soap and Mary Soap' getting too many loans
The former taoiseach has given the BBC his verdict on the cause of Ireland’s financial meltdown.
Micheal Noonan doesn't know if Enda was told army might need to guard ATMs
The Finance Minister confirmed there were discussions about security at the height of the financial crisis.
Was Enda really warned that the army might need to guard ATMs?
One person says they’re “puzzled” the Taoiseach made the claim.
These figures show Irish people lost more than anyone in the financial crisis
But it has been a good few years to be Dutch, Belgian or Danish.
What happens to currencies when they die?
We pursue it, discuss it, count it and obsess over it… but do we ever really think about what ‘money’ is?
Patrick Neary is 'deeply sorry' but the banks 'should have known what they were doing'
One TD was paraphrasing Oscar Wilde at the banking inquiry today.
Why this economist made a late-night dash for biscuits in the midst of the banking crisis
David McWilliams says he became a defacto advisor to Brian Lenihan before the 2008 bank guarantee.
We made a 'bad mistake' not predicting the banking crisis - but so did everyone else
This ESRI professor says regulators could still have stopped the financial catastrophe.
Nearly all the assets from Nama's €17.5 billion in fire sales have gone to offshore buyers
And the bad bank’s boss says if overseas owners want to pull apart Irish businesses there’s not much he can do.
Opinion: Here I go again, back to Riyadh. My life has changed so much in just ten years...
Back in 2004, my wife and I were anticipating the arrival of our second son and I had just set up my own business. Then the financial meltdown hit.
These are the questions John Bruton wants the banking inquiry to answer
Bruton wants the inquiry to focus on the reasons why the crisis wasn’t averted, not how it happened.
Portugal follows Ireland's lead by going it alone as it leaves bailout
As the debt crisis deepened in 2010, it brought down Greece first, followed by Ireland and Portugal.
BAN THE BANKS: There's a wild theory going around that some people are starting to take seriously
What do you think? Does it sound brilliant or crazy – or both?
No jail time for convicted Anglo pair, judge says prison sentences would be ‘incredibly unjust’
Pat Whelan and Willie McAteer will now be assessed for suitability for community service.
A Greek bank is to issue bonds for the first time since 2009
Piraeus Bank SA requires more than €6 billion worth of capital.
Cecilia Ahern says Bertie ‘has always genuinely cared and always put Ireland before himself’
The best-selling author and daughter of the former taoiseach has defended her father in an interview to be broadcast tomorrow.
Ireland’s post-bailout return to the bond markets raised €3.75 bn
Demand for the 10-year benchmark bond amounted to €14 billion.
Three former bankers charged with €7.2 billion fraud
They are John Bowe, former head of treasury at Anglo Irish Bank, Peter Fitzpatrick former finance director at Irish Life and Permanent and Denis Casey, former chief executive of ILP.
Anglo Tapes: Drumm admits €6 billion was being sent "around in a circle"
Former Anglo CEO David Drumm can be heard admitting he knew the lender was circulating the money between it and Irish Life & Permanent.
An anniversary without celebration: It's five years since Lehman Brothers collapsed
After just barely pulling back from the precipice, industry is picking up, home prices are gaining, banks are stable and American consumers have started spending – albeit still with great caution.
The leader of Iceland's 'Kitchenware Revolution' reckons we have a thing or two to learn about protests
Artist and musician Hördur Torfason is the man who sparked the 2008 popular protests in Reykjavik. He’s been invited to Dublin to help plan a demonstration for this Wednesday, organised to ‘lock the Government out of the Dáil’.
Can we avoid another global financial crisis?
A research team, which is being headed by Dr Stephen Kinsella, has been granted €650,000 to find out what we can learn from the global financial crisis.
Portugal: 30,000 jobs cuts, working hours increased and pension age rises
The cuts should save an estimated €4.8 billion by 2015.
PICS: The global financial crisis summarised in five graphics
Professor Danny Dorling – once described as a “geographer royal” – says these images tell us more than we might have known.
Iceland did not need to repay Dutch and UK savers, says court
A European court ruled today that Iceland was entitled to refuse to pay immediate deposit guarantees to savers when a major bank collapsed.
17 equations that changed the course of humanity
Some you may remember from school, but some are lesser known ones – like one perfected by an Irishman which allowed for development of modern passenger jets.
Column: How much has Ireland paid for the EU banking crisis?
Ireland has been declared a ‘special case’ by Angela Merkel – and these figures show exactly why, writes Michael Taft.
Nick Leeson: The banks don't care so we need to look after each other
“As austerity bites to the knuckle, soup kitchens spring up around the country and children are sent to school hungry. It just seems so terribly wrong.”
Worst of the euro crisis is 'behind us', says German finance minister
HURRAH! Break out the champagne and foie gras…
Spanish unemployment level reaches 25 per cent
One Spaniard in four is now officially out of work, with 85,000 more people becoming unemployed between July and September.
EU summit: Merkel backs EU budget control
While not originally on the agenda, there is speculation Spain may ask for a limited bailout in Brussels.