Board index » The IRISH PROPERTY BUBBLE » The Golden Circle » Anglogate

Post new topic Reply to topic  [ 45 posts ]  [Go to page]   Previous  1, 2, 3, 4, 5  Next
Author Message
 Post subject: Re: The Curious Case of Anglo's Austrian Deposits - SBP
PostPosted: Mon Sep 13, 2010 7:14 pm 
Offline
IMF'd

Joined: Sep 13, 2007
Posts: 31887
Location: Tullamore
Moved to Anglogate.

_________________
"It is impossible to design a system so perfect that no one needs to be good."

So long and thanks for all the fish.


Top
 Profile  
 
 Post subject: Re: The Curious Case of Anglo's Austrian Deposits - SBP
PostPosted: Tue Jan 18, 2011 8:51 pm 
Offline
Planning Tribunal Attendee

Joined: Nov 7, 2008
Posts: 1317
Kathleen Barrington's latest pice on the Austrian sale in the light of facts contained in the Fitzpatrick Tapes

http://www.thepost.ie/post/pages/p/whol ... qqqx=1.asp


Top
 Profile  
 
 Post subject: Re: The Curious Case of Anglo's Austrian Deposits - SBP
PostPosted: Tue Jan 18, 2011 9:15 pm 
Offline
Too Big to Fail

Joined: Jan 29, 2008
Posts: 3133
Location: In a greener field.
goldmanberg wrote:
Kathleen Barrington's latest pice on the Austrian sale in the light of facts contained in the Fitzpatrick Tapes

http://www.thepost.ie/post/pages/p/whol ... qqqx=1.asp


Any chance wiki leaks will release that list of account holders names?

_________________
The best way to predict your future is to create it. - Abraham Lincoln


Top
 Profile  
 
 Post subject: Re: The Curious Case of Anglo's Austrian Deposits - SBP
PostPosted: Wed Jan 19, 2011 12:43 pm 
Offline
Of Systemic Importance
User avatar

Joined: Apr 1, 2009
Posts: 5311
Location: Utopia
This stinks to high heaven...


Top
 Profile  
 
 Post subject: How FitzPatrick sent a €600m deposit book waltzing to Vienna
PostPosted: Mon Feb 07, 2011 2:52 pm 
Offline
Holiday Home Owner

Joined: Feb 13, 2009
Posts: 310
Kathleen Barrington had a second article about the curious case of Anglo Irish Bank (Austria) AG in yesterday's SBP.

Quote:
The more you learn about Anglo Irish Bank’s €600 million Austrian deposit book, the more you wonder why Sean FitzPatrick decided to sell it in September 2008, a time when Anglo was in dire need of deposits.

Quote:
One effect of the sale is that almost €600 million in deposits that were formerly held with Anglo Irish Bank’s Austrian office are now on deposit with Swiss Bank Valartis - far away from the prying eyes of the unfortunate Irish taxpayers who have been left footing the bill for FitzPatrick’s disastrous rule of Anglo.

Extraordinarily, neither Minister for Finance Brian Lenihan nor Anglo is prepared to offer any assurances to the taxpayer that none of the €600 million in Austrian deposits is owed to Anglo, to Nama or to other lending institutions propped up by the Irish taxpayer.

http://kathleenbarrington.blogspot.com/2011/02/how-fitzpatrick-sent-600m-deposit-book.html

Her blog also has the first article:
http://kathleenbarrington.blogspot.com/2011/01/lenihan-silent-on-issue-of-anglos.html

Apologies if this had been mentioned elsewhere, but I did a quick search on Anglo Austria and all i found was this:
http://www.thepropertypin.com/viewtopic.php?f=46&t=34751&start=0&hilit=austria


Top
 Profile  
 
 Post subject: Re: How FitzPatrick sent a €600m deposit book waltzing to Vi
PostPosted: Mon Feb 07, 2011 3:05 pm 
Offline
Under CAB Investigation

Joined: Feb 22, 2008
Posts: 2177
Location: The Lawn
Quote:
the details about the large deposits held by directors have barely attracted attention even though the sums involved are also very large. For example, the parent company’s accounts reveal that 12 Anglo directors had as much as €140 million on deposit with Anglo during the year to 30 September 2008.
But the accounts reveal the remaining ten directors held at most €38 million on deposit with Anglo, during the 15 months to December 2009.
The accounts also show that only €8 million in directors’ deposits were held with the bank on December 31, 2009.


Top
 Profile  
 
 Post subject: Re: How FitzPatrick sent a €600m deposit book waltzing to Vi
PostPosted: Mon Feb 07, 2011 3:54 pm 
Offline
Real Estate Developer

Joined: Feb 1, 2010
Posts: 856
She's chipping away at this for the last few months at least. Not sure if there is any way of cracking it open, but if there was, I'd bet it would be very interesting


Top
 Profile  
 
 Post subject: Re: How FitzPatrick sent a €600m deposit book waltzing to Vi
PostPosted: Mon Feb 07, 2011 4:10 pm 
Offline
Too Big to Fail
User avatar

Joined: Jun 28, 2008
Posts: 4532
I believe this is Barrington's third piece on this subject, the other two are discussed here:

viewtopic.php?f=46&t=32895


Top
 Profile  
 
 Post subject: Re: The Curious Case of Anglo's Austrian Deposits - SBP
PostPosted: Mon Feb 07, 2011 4:48 pm 
Offline
Too Big to Fail

Joined: Jan 29, 2008
Posts: 3133
Location: In a greener field.
Threads merged

_________________
The best way to predict your future is to create it. - Abraham Lincoln


Top
 Profile  
 
 Post subject: Re: The Curious Case of Anglo's Austrian Deposits - SBP
PostPosted: Mon Feb 07, 2011 5:02 pm 
Offline
Nationalised

Joined: Oct 29, 2007
Posts: 11785
Location: Multiverse
Its so damn obvious theres a major story here.
Wonder what Kathleen Barrington knows, but can't print.


Top
 Profile  
 



Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 45 posts ]  [Go to page]   Previous  1, 2, 3, 4, 5  Next

    Board index » The IRISH PROPERTY BUBBLE » The Golden Circle » Anglogate

Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  

Follow, Retweet @dailypinster



Pyramid Built, Is Better Built! - Latest Property Discussions www.thepropertypin.com