You have amusingly identified the one area in which this cunt does actually possess considerable expertise. Should have been a nun. Like Nora Wall for example.
I live in hopes that enough ‘undecideds’ in her constituency saw this clueless jubbering on VB, to put the the final nail in her coffin. It helped to balance the grossly misleading and sickening attempt by Collins in the irish Times to give her a boost.
Sorry for being dense, can someone enlighten me as to where this 750 million
will be posted in the Government accounts-does it add 750 million to the 19bn deficit
or is it only the interest on the 750 million borrowed to pay this that will show up.
Or will they try to bury it somewhere?
Fecking hell-we are out of the bond markets for the next few years-why oh why oh why? Are they just alarmingly stupid?
whats the difference between the government saying they did not have a mandate to go through with the 7BN recap but yet a week beforehand they had a mandate to pay the 750million
Can someone please enlighten me as to how this 750m came to be ‘out of guarantee’? Is this the ‘dated subordinated debt’ that was no longer covered after the last renewal of the guarantee?
I would guess that, given the high profile decision not to recapitalise the banks before the election, this was money already in Anglo and hasn’t just been injected. So we won’t see it on the government accounts yet but, when the recapitalisation happens, it will need to be 750m more than it would have otherwise needed to be.