Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
The Irish mess started when foreign banks and other financial institutions lent money to Irish banks who turned around and created a real estate bubble.  If anyone in that chain had done due diligence they would have KNOWN they were sending good money into a black hole.  

Simply put: there's a case to be made the Irish and foreign financial institutions are guilty of malfeasance.  In which case they can go whistle for their money.  Illegal acts do not constitute a binding contract.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Fri Feb 4th, 2011 at 01:37:29 PM EST
[ Parent ]

Others have rated this comment as follows:

JakeS 4

Display:

Top Diaries

Sisyphean syphilis

by marco - Mar 26
22 comments

Movies

by DoDo - Mar 7
21 comments

Two ruins

by DoDo - Mar 14
7 comments

Greek MP Lapavitsas on Grexit

by Upstate NY - Mar 15
294 comments

Recent Diaries

Sisyphean syphilis

by marco - Mar 26
22 comments

Greek MP Lapavitsas on Grexit

by Upstate NY - Mar 15
294 comments

Two ruins

by DoDo - Mar 14
7 comments

Hello

by alexc - Mar 12
6 comments

Movies

by DoDo - Mar 7
21 comments

The new Greek government program

by talos - Feb 23
171 comments

More Diaries...

Occasional Series