Thanks for the response. I had wondered if one bank in particular was on your mind alright!

Yes, those companies you mentioned all have their European HQs here, as do others such as Google. It frustrates me sometimes to have that kind of activity equated with a nominal office opened in Ireland for regulatory purposes by some shady financial institution. Google et al employ hundreds of highly-skilled workers – they don't just come for the low corporation tax.

Oliver.

I can certaily name global companies who have chosent to register themselves or even HQ themselves in Ireland. Microsoft, Apple, Ebay I think are all there. I suppose I was thinking to be more cautious with the banks and their affiliates. One in particular is feeling very legalistic at the moment and I and others are being careful.

They can make life very difficult if they want to, even if, in the end they were to have to withdraw their complaints, they have often done the damage they wanted in the interim. Closing you down, putting injunctions, having a word with net providers, that sort of thing.

Many of the big banks and financial specialist law firms come to the site every day. I don't think they come for tips on banking.

Sigh! Thank you Rich. You know I looked at it when I typed it and thought there was something not right about the title but couldn't for the life of me see anything amiss.

I talked to banker yesterday who confirmed what I said in this article. He said there is real friction between Irish and German regulators and there are people who really want to use this an an oportunity to settle old scores.

Could you please take another look at the topic title, it says 'resisiting' instead of 'resisting'. Knowing of your dyslexia I ignore the odd typo, but the title is rather exposed to t'Internet and the hungry maws of the search engines.

Such power from the Internet, one wonders what the sound of a billion swivelling eyeballs is like.

There's another way Ireland is losing big, and it's somewhat paradoxical in relation to their formerly booming economy.

So the big corps come to Ireland, including a lot of tech corps. They need educated workers, so while the money's flowing young people are in college learning the skills needed to work at these tech companies.

But now that the economy is circling the drain, these same quite educated people are leaving in droves.

And it's not like the old days when people left Ireland due to hunger, or looking for more opportunity, or whatever. Now it's a serious brain drain.

The future of Ireland is walking out the door, possibly never to return. So over the next ~50 years, Ireland will have even more mediocre simpletons in power than they already have.

http://www.independent.ie/national-news/new-injection-of-cash-wont-end-banking-trouble-experts-warn-2423814.html

headline is New injection of cash won't end banking trouble, experts warn

Bu if you could post a link I am sure others here would be grateful.

the article is in the Irish independent