Comments on: Euroland – they’re not green shoots they’re Tulips.

By: Golem XIV - Thoughts

Golem XIV - Thoughts — Tue, 30 Mar 2010 18:56:14 +0000

It's a murky money laundering affair I once researched. One of its limbs eventually led, so I was told, to an ex Tory minister and financing the UK's dirty war in NI. I often wondered where the funds were laundered. I always felt it would have to be a bank that was comfortable in UK, NI and Eire. Always looking for stay hints to advance that story.

I continue to research Money Laundering in general since it is a key to much that is murky and profitable in Bank world.

By: pilibi

pilibi — Tue, 30 Mar 2010 18:25:54 +0000

Apparently Anglo Irish Bank's total bailout will be €22B, so my previous estimate of €13B based on mainstream media reports was way off the mark.These deals with the banks were done behind closed doors with the current minister for finance Brian Lenihan (3rd generation Fianna Fail aristocracy)who is generally feted by the press as the saviour of Ireland's economy.The true scale of the losses at Anglo and the other Irish Banks have never been disclosed.

No I have not heard of the AGIP affair.What is it?

By: Golem XIV - Thoughts

Golem XIV - Thoughts — Tue, 30 Mar 2010 14:48:50 +0000

Philip,

one other question have you ever heard of the AGIP affair? Not important. Just wondered.

By: Golem XIV - Thoughts

Golem XIV - Thoughts — Tue, 30 Mar 2010 12:21:31 +0000

Philip,

Are you saying €13B in addition to the declared money or totaling up their part of it?

Of course having close political ties is always a winner. That or laundering drug money. I've often wondered which Irish bank was the drug laundering bank.

By: philip

philip — Tue, 30 Mar 2010 10:47:49 +0000

Golem,

you should be aware that one of the main culprits in this whole debacle, Anglo Irish Bank, a bank of no strategic importance to Ireland's economy, a niche bank for property speculators and developers with close ties to Ireland's political establishment (i.e the Fianna Fail party,an abscurantist, ultra-conservative, neo-Thatcherite,neo-Liberal entity, a Mafia with poor taste in suits that dominates Ireland's political and cultural landscape) will have received €13 billion from the government, all borrowed at taxpayers expense before this day has ended.