Comments on: Irish Government Bails Out All Irish Banks http://www.stubbornmule.net/2008/09/irish-bailout/ Obstinately objective Sat, 13 Mar 2010 00:43:30 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Australia and the Global Financial Crisis | A Stubborn Mule's Perspective http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1880 Australia and the Global Financial Crisis | A Stubborn Mule's Perspective Sat, 25 Oct 2008 00:47:01 +0000 http://www.stubbornmule.net/?p=1322#comment-1880 [...] a programming bug by Moody’s to the enormous US bailout plan and Government guarantees from Ireland to Australia. Here I will instead take a broader perspective and provide an overview of how the [...] [...] a programming bug by Moody’s to the enormous US bailout plan and Government guarantees from Ireland to Australia. Here I will instead take a broader perspective and provide an overview of how the [...]

]]> By: Bast http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1677 Bast Thu, 02 Oct 2008 22:01:11 +0000 http://www.stubbornmule.net/?p=1322#comment-1677 I was talking to an ex-CEO of a major Canadian company a few years ago, and was asking his advice on where to invest my piddling sums of dosh. His advice, without hesitation, was banks. Because, he said, if they go under, we are all in trouble. Let me be clear then: We are all in trouble. I was talking to an ex-CEO of a major Canadian company a few years ago, and was asking his advice on where to invest my piddling sums of dosh. His advice, without hesitation, was banks. Because, he said, if they go under, we are all in trouble. Let me be clear then: We are all in trouble.

]]> By: stubbornmule http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1655 stubbornmule Wed, 01 Oct 2008 00:38:27 +0000 http://www.stubbornmule.net/?p=1322#comment-1655 Needless to say, European markets were closely focused on this announcement overnight. There is <a href="http://www.marketwatch.com/news/story/analysts-say-uk-may-follow/story.aspx?guid={F01AFD93-0F48-4581-BDEC-0CA11CD4B1A7}&dist=hpts" rel="nofollow">speculation that the UK may follow suit</a>. Also, <a href="http://www.financialpost.com/news/story.html?id=851166" rel="nofollow">a number of commentators have pointed out</a> that the aggregate size of this guarantee is about double the GDP of Ireland. Needless to say, European markets were closely focused on this announcement overnight. There is speculation that the UK may follow suit. Also, a number of commentators have pointed out that the aggregate size of this guarantee is about double the GDP of Ireland.

]]> By: stubbornmule http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1646 stubbornmule Tue, 30 Sep 2008 13:51:23 +0000 http://www.stubbornmule.net/?p=1322#comment-1646 @CV: you make a good point. Perhaps I should have said "The Irish Government, acting as agent for the Irish Taxpayer has decided, without consulting those they are acting for, to bail out the Irish Banks". @CV: you make a good point. Perhaps I should have said “The Irish Government, acting as agent for the Irish Taxpayer has decided, without consulting those they are acting for, to bail out the Irish Banks”.

]]> By: Leprechaun O'Reilly http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1641 Leprechaun O'Reilly Tue, 30 Sep 2008 08:31:25 +0000 http://www.stubbornmule.net/?p=1322#comment-1641 This is a disaster to be sure to be sure. Where's me lucky charms? This is a disaster to be sure to be sure.

Where’s me lucky charms?

]]> By: CV http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1638 CV Tue, 30 Sep 2008 07:59:43 +0000 http://www.stubbornmule.net/?p=1322#comment-1638 Irish Government Bails out Banks? I think you mean Irish Taxpayer Mule. God bless them... Irish Government Bails out Banks? I think you mean Irish Taxpayer Mule. God bless them…

]]> By: stubbornmule http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1637 stubbornmule Tue, 30 Sep 2008 07:52:33 +0000 http://www.stubbornmule.net/?p=1322#comment-1637 @Neerav: I think you can be sure that a guarantee like this will come with plenty of strings attached (as well as the undisclosed guarantee fee). Expect to see plenty of new regulation coming out of Ireland and elsewhere in the future! @Neerav: I think you can be sure that a guarantee like this will come with plenty of strings attached (as well as the undisclosed guarantee fee). Expect to see plenty of new regulation coming out of Ireland and elsewhere in the future!

]]> By: Neerav http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1636 Neerav Tue, 30 Sep 2008 07:46:57 +0000 http://www.stubbornmule.net/?p=1322#comment-1636 Surely this kind of decision will only cause more problems in the future .. in essence its a get of jail free card which allows Irish banks to get upto any hijinks they want and still not risk depositors $$ Surely this kind of decision will only cause more problems in the future .. in essence its a get of jail free card which allows Irish banks to get upto any hijinks they want and still not risk depositors $$

]]> By: Kwoff.com http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1635 Kwoff.com Tue, 30 Sep 2008 07:40:59 +0000 http://www.stubbornmule.net/?p=1322#comment-1635 <strong>Irish Government Bails Out All Irish Banks | A Stubborn Mule\'s Perspective...</strong> Worrying Development... Irish Government Bails Out All Irish Banks | A Stubborn Mule\’s Perspective…

Worrying Development…

]]> By: stubbornmule http://www.stubbornmule.net/2008/09/irish-bailout/comment-page-1/#comment-1633 stubbornmule Tue, 30 Sep 2008 07:22:57 +0000 http://www.stubbornmule.net/?p=1322#comment-1633 @Mat: sadly no joke! I'm stunned by this development. @Mat: sadly no joke! I’m stunned by this development.

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