Comments on: Shall we tell An Taoiseach?

By: sabhaircin

sabhaircin — Thu, 12 Feb 2009 07:56:53 +0000

What a load of bollocks. Why was the loan not declared to the market. Where was the transparency that the law requires. Why was the small matter of funds being used to prop up the bank not immediately brought out into the open. Was this the same money that was being used to prop up the namks shares. Why have charges not been levied against the bank’s executives for breach of fiduciary responsibility. What did Ernst and Young know of all of this? What tricks was the bank pulling during the good times? Is Irish society systemically corrupt? Where will it end?
Will any journalist have the balls to dig a little bit deeper? Will Anglos’s loan book ever have a nice big torch shone on it. Will this bring down the government…because in any other European state, they would have been gone by now.

By: MLeFournier

MLeFournier — Thu, 12 Feb 2009 00:39:50 +0000

Brian Lenihan is not a mirror image of Patrick Neary. You may have misunderstood the outcome of the investigation into the Financial Regulator and Seanie Fitzpatrick’s loans.

It is clear that staff in the Financial Regulator’s office told the investigators that they had brought Seanie’s loans to Neary’s attention in Jan. 2008 but Neary flatly denied this. The wording of the report is subtle but clearly the investigators did not accept his denials.

The idea that a Minister would have to plough through a 700 page accountants report and be held responsible for not spotting an issue on page 128 is laughable (although politically it suits the Opposition to pretend that this was his responsibility).

In reality, it is the job of officials to brief their Minister and if they deliberately withheld crucial information, heads must roll. Brian Lucey of TCD made this point on VB tonight.

By: JoeCanuck

JoeCanuck — Wed, 11 Feb 2009 22:27:43 +0000

Sir Humphrey would be proud.

Love it.