European Tribune - Comments - LQD: Put your money into Irish Banks [Updated]

LQD: Put your money into Irish Banks [Updated] | 90 comments (90 topical, 0 editorial, 0 hidden)

Re: LQD: Put your money into Irish Banks (none / 0)

Whatever the merits of the Irish actions, it seems that waiting for a coordinated EU response was not an option...

Vote McCain for war without gain

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Thu Oct 2nd, 2008 at 01:57:13 PM EST
[ Parent ]

Re: LQD: Put your money into Irish Banks (none / 1)

They didn't even bother consulting the Commission - considering the Fortis deal went through the Commission in 24h...

In addition, central bank intervention of a failing retail bank can be swift. They just didn't have stomach to do their job.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Oct 2nd, 2008 at 01:58:54 PM EST
[ Parent ]

Re: LQD: Put your money into Irish Banks (none / 1)

"they" being the Irish authorities?

Vote McCain for war without gain

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Thu Oct 2nd, 2008 at 02:02:49 PM EST
[ Parent ]

Re: LQD: Put your money into Irish Banks (4.00 / 2)

The Irish Central Bank.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Oct 2nd, 2008 at 03:12:10 PM EST
[ Parent ]

LQD: Put your money into Irish Banks [Updated] | 90 comments (90 topical, 0 editorial, 0 hidden)

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