Money and Finance
- John Mauldin: Whatever It Takes
But there was one group in Ireland that was aghast – horrified – at the idea of not paying back that debt: those were the people I met at the Central Bank of Ireland. And they did have a point. The document that created the European Central Bank did...
- John Mauldin: The Good, The Bad, And The Greek (risks)
Greece was (and is) the first real test of the euro. Until the Greek crisis, there was no real need for any eurozone country to actually write a check for any other member. Ireland obligingly shouldered the responsibility for its own bad bank debts, paying...
- Ireland's Former Richest Person Declared Bankrupt
Thanks to Matt for passing this along. DUBLIN - A famed entrepreneur who was once rated Ireland's richest person was declared bankrupt Monday as a bank pursues him for debts exceeding €2.1 billion ($2.7 billion). Lawyers for tycoon Sean Quinn withdrew...
- The Absolute Return Letter - March 2011: From Dublin To Tripoli
Two remarkable events unfolded during the month of February. One cleared the front pages all over the world. The other one barely got a mention - outside of its home country that is. Both have the ability to derail the economic recovery currently unfolding....
- Annaly Salvos: The Camel’s Back
Ireland’s rating downgrade by Standard & Poor's on August 24 and the related news of its struggling millstone, Anglo Irish Bank, bring our attention back to the ongoing challenges facing sovereign entities in the postdiluvian financial world...
Money and Finance
When Irish Eyes Are Crying - By Michael Lewis
Found via Simoleon Sense.
First Iceland. Then Greece. Now Ireland, which headed for bankruptcy with its own mysterious logic. In 2000, suddenly among the richest people in Europe, the Irish decided to buy their country—from one another. After which their banks and government really screwed them. So where’s the rage?
- John Mauldin: Whatever It Takes
But there was one group in Ireland that was aghast – horrified – at the idea of not paying back that debt: those were the people I met at the Central Bank of Ireland. And they did have a point. The document that created the European Central Bank did...
- John Mauldin: The Good, The Bad, And The Greek (risks)
Greece was (and is) the first real test of the euro. Until the Greek crisis, there was no real need for any eurozone country to actually write a check for any other member. Ireland obligingly shouldered the responsibility for its own bad bank debts, paying...
- Ireland's Former Richest Person Declared Bankrupt
Thanks to Matt for passing this along. DUBLIN - A famed entrepreneur who was once rated Ireland's richest person was declared bankrupt Monday as a bank pursues him for debts exceeding €2.1 billion ($2.7 billion). Lawyers for tycoon Sean Quinn withdrew...
- The Absolute Return Letter - March 2011: From Dublin To Tripoli
Two remarkable events unfolded during the month of February. One cleared the front pages all over the world. The other one barely got a mention - outside of its home country that is. Both have the ability to derail the economic recovery currently unfolding....
- Annaly Salvos: The Camel’s Back
Ireland’s rating downgrade by Standard & Poor's on August 24 and the related news of its struggling millstone, Anglo Irish Bank, bring our attention back to the ongoing challenges facing sovereign entities in the postdiluvian financial world...