Anglo Irish Bank Share Discussion Threads

[lbo] 01/10/2009 10:26

Poster boy for the boom now tipped as slump icon

[lbo] 01/10/2009 10:25

Banker invested in oil, a casino, bars and more

[lbo] 01/10/2009 10:23

FitzPatrick not paying off €100m loan interest
> Monthly repayments are €400,000
> Pressure on Lenihan to act

[what is a login ?] 30/9/2009 21:42

Looks like the Irish people will vote for the Lisbon Treaty this time. Probably the least risky option for the Irish economy. In for a penny, in for a kilo. It seems ironic that it was the European Central Bank one-size-fits-all interest rate policy that led to the Irish property market being overbubbly from 2002 onwards. (The Fed and the Bank of England were even more culpable in this respect in their respective territories). There will be increasing pressure on Britain to join the Single Currency soon I think, what with parity drawing nigh and .... (I prefer not to contemplate) PS I am not a doomster...yet.

[lbo] 30/9/2009 20:51

Anglo Irish wins €868,000 judgment against developer

[lbo] 27/9/2009 21:51

Quinn Insurance will not apply for a credit rating from rating agency Moody's until it can be assured of an A rating, Colin Morgan, the firm's chief executive, has said.

[lbo] 22/9/2009 09:39

IRISH NATIONWIDE lost €899 million in customer deposits in the six months to the end of June 2009, according to figures from the Department of Finance.

[lbo] 15/9/2009 21:42

Irish hotel prices drop by 26 per cent

[marcello lippi] 25/8/2009 09:44

LBO - Agreed, it probably is worthless!! However I want to hear that from someone independent and not take the Irish governments word for it - lets face it - they have presided over one of the biggest collapses in financial history

The Irish Government mentioned in the legislation on the nationalisation that shareholders rights etc were going to be respected etc 7 months on & no sign of valuer, this doesn't exactly respect all the thousands of shareholders who have lost money because the Irish Regulators failed in their duties to ensure their Banks were acting properly & responsibly.

The words 'wild west' & 'bunch of cowboys' comes to mind

[lbo] 24/8/2009 21:15

Marcello its equity is worthless! Dont need a valuer to tell you that!

[marcello lippi] 19/8/2009 12:52

Any sign of the independent valuer being appointed??

Irish Governement taking their time! & failing to take their reponsibilities to the shareholders seriously, probably plan to pay off shareholders in potatoes!!!!!!!!!!!!!

[lbo] 17/8/2009 13:30

Login deposits in theory are as safe as the Irish Government!



THE Government has pumped another €827.7m in capital into Anglo Irish Bank -- the amount the beleaguered bank needed to pay for bonds as part of a recent scheme to increase its capital

[what is a login ?] 10/7/2009 10:31

LBO or anyone who still looks in. Perhaps Chairman 2? Do you know the best way of ascertaining the CDS Rating for deposits in Anglo Irish Bank Isle of Man - and the other banks for that matter?
These were ratings were posted on this thread by LBO, I think, a long time ago. Since then ANGL deposits have, I know, been guaranteed in their entirety by the Irish government. However I would still like to know the rating.
I see that Kaupthing Singer and Friedlander (IOM) victims-mostly hapless expatriate folk who invested with the Derbyshire Building Society IOM and were given false assurances at the time of change- will have their first £50,000 reimbursed under the Isle of Man Deposit Protection Scheme although nine months after the catastrophe the Manx Government has only disbursed £10,000 for each depositor. Private Eye was about the only publication to give oxygen to the story. I fear we are still living in "interesting times".

[lbo] 08/7/2009 13:27

Property investor Derek Quinlan has confirmed his intention to step down as chairman and partner of of the Dublin investment company that bears his name at the end of this month.

[lbo] 08/7/2009 13:05

New twist in fight over €60m house damages

[lbo] 02/7/2009 21:49

Anglo to lose €14m on Paddy Kelly investment

[lbo] 26/6/2009 16:10

NIB wins E37m action against developers


National Irish Bank's parent, Danske Bank, has won a E37.1m summary judgement in the High Court against Durkan New Homes and three others.

The case was taken by Danske Bank, trading as NIB, against Durkan New Homes, Don and Marian Casey of Woodbrook, Beech Park, Cabinteely and Tullycross Developments.

The bank's claim related to two loans taken out in March 2006 to finance a property development at Beech Park, Cabinteely, Co Dublin.

But Mr Justice Peter Charleton put a stay on the order until next Thursday.

The bank claimed the defendants had breached the terms of the loan when they failed to repay it on September 30 2008.

Durkan New Homes had contested this, pointing out that interest on the loan had been paid and that the properties had been made available to the bank. But the bank pointed out that the value of the properties had fallen below 70pc of the loan amount and that this breached the terms of the loan agreement.

In the High Court today, Mr Justice Charleton said the bank was entitled to a judgement for the amounts stated against all the defendants. The matter of interest on the outstanding loans is yet to be decided

[lbo] 24/6/2009 11:48

Some US property won't recover till 2017

[lbo] 24/6/2009 11:27

ALMOST 100 homebuyers are to lose more than €1.5 million in deposits after the collapse of property company Laragan Developments

Anglo and AIB to rescue Laragan Developments

[lbo] 22/6/2009 20:34

FORMER Docklands Development Authority (DDDA) boss and Anglo Irish Bank director Lar Bradshaw had a stake in a €70m car park and office scheme constructed in the docklands while he was in charge of the €10bn development of the area.



Mr. Baxter is one of about 50 unpaid freelance writers, editors, page designers and others who worked this year for Inkwell on textbooks that are to be published by Houghton Mifflin Harcourt, which is owned by a holding company based in the Cayman Islands, and floats in oceans of debt.

"The explanation I have been given is that Houghton Mifflin Harcourt owes Inkwell money," Mr. Baxter said. More than 30 freelancers who were interviewed by phone or e-mail told the same story: Inkwell stopped paying them for work on textbooks, claiming that Houghton had stopped paying it.

And what of Houghton Mifflin Harcourt? The company did not respond to requests for comment on Thursday and Friday. Led by Barry O'Callaghan, an Irish businessman, the company has been under pressure from ratings agencies, which were critical of the debt it was carrying from mergers.

[lbo] 22/6/2009 20:28

Quinlan's luxury pad's price cut



Value of O'Reilly sites 'uncertain'