The Central Bank has for the first time used special powers to launch an inquiry into the former Irish Nationwide and a number of unnamed managers connected with the former building society which could result in the regulator levying personal fines of up to €500,000.

Former Taoiseach Brian Cowen has claimed Ireland bounced back from its devastating financial collapse quicker because of his spending spree while in office.

Former Taoiseach Brian Cowen will claim he did not force then finance minister Brian Lenihan to include Anglo Irish and Irish Nationwide in the controversial 2008 bank guarantee at a hotly anticipated bank inquiry meeting this week.

The foreman of the jury in the trial of former Anglo Irish Bank Chairman Sean FitzPatrick has been discharged for personal reasons.

Finance Minister Michael Noonan’s comments about unemployed people have drawn sharp criticism, IT group it@Cork is seeking Government funding for an initiative that could create 1,300 jobs, Man United have signed Memphis Depay and today’s Lusitania Centenary events live. These are some of the latest and most read stories on irishexaminer.com.

Up to 90% of the “€100bn plus” debt and “hardship” heaped on Ireland after the economic crash was destined to happen, regardless of the bank guarantee.

The head of the EU’s Economic and Financial Affairs has denied the group ever explicitly told Ireland that no bank should be allowed fail despite a long-standing belief this was the reason why Anglo Irish was bailed out.

Nama hired receivers to some companies controlled by Garrett Kelleher, a developer who planned to build North America’s tallest building in Chicago, according to sources.

David Drumm’s long and often delayed bankruptcy trial is pencilled in to take place over five days in May.

An anti-eviction group protested outside the now monthly Possession and Well Charging Court in Tralee yesterday.

Nama has recouped an initial €425m from its exposure to the liquidation of former Anglo Irish Bank.

Ireland may be left with a large portion of the former Anglo Irish Bank’s loans even as sovereign wealth funds, private-equity funds, and banks circle the first assets for sale, said Kieran Wallace, joint liquidator of the failed lender.

At least two of the auditors who signed off on the parking of billions of euro from Irish Life & Permanent into Anglo Irish Bank have found themselves working on the liquidation of IBRC.

Former Anglo Irish Bank chief executive David Drumm has apologised for using inappropriate language before the failing institution received a massive cash bailout from the Government.

Repayment dates for some of Ireland’s bailout loans will be extended to avoid them coinciding with the repayment of other debts, EU finance ministers are expected to agree this morning.

The Dublin headquarters of Anglo Irish Bank may swap loans for lattes under a plan to turn the epicentre of Ireland’s financial crisis into a café.

Have you noticed the level of vitriol aimed at various Irish people who sit in the pigeon holes marked “property developers” and “bankers” recently?

A secret recording of a meeting in Ukraine attended by Seán Quinn Jr, his cousin Peter, and some Ukranians, showed a “torrid row” about money, the Supreme Court heard yesterday.

A liquidator has been appointed to the former holding company behind Seán Quinn’s global business empire.

There has been a lot of speculation in the media regarding Seán Quinn.

The grip on the empire controlled by the man who was once Ireland’s richest individual has been prised a further notch open following one of the most dramatic days in the recent history of the Four Courts.

The Government is in no rush to get a deal on restructuring the €31bn promissory notes, preferring to leave it until later in the year, Finance Minister Michael Noonan said.

Demonstrations outside government departments and the bank formally known as Anglo Irish took place yesterday to mark the controversial handover of €1.25 billion to unsecured bondholders.

Protestors stormed into the offices of the bank formerly known as Anglo Irish today to show opposition to the €1.25bn being paid out to bondholders.

A deep recession has reshaped the retail landscape and will continue to do so over the coming years. Casualties are anticipated, and the big-name stores have as much to fear as anyone, reports Kyran FitzGerald

Labour’s newest TD has warned the party leadership to take the rebellion of backbench colleague Tommy Broughan very seriously.

A rebel Labour backbencher has become the third Government TD kicked out of the coalition after he refused to support the bank guarantee and called on the party to return to opposition.

A Labour backbencher has become the third TD to rebel against the coalition after the Government moved to extend the bank guarantee scheme.

The Commercial Court will rule today whether the bank formerly known as Anglo Irish will get orders directing Sean Quinn to repay debts of more than €2bn.

OFFICIALS at three bailed-out banks receive up to 10 extra paid days leave to get married — higher than anywhere in the civil service.

The Supreme Court is to rule on whether to approve a rescue plan for housebuilders, McInerney.

THE pub, restaurant and hotel group run by Louis and Helen Fitzgerald recorded a pre-tax loss of €50.4 million last year following a property write down of €53.3m.

The administrators of Quinn Insurance are due back before the High Court today.

The Quinn family has said that it was dismayed and saddened by what it claimed was the undermining of the value of the company since the appointment of administrators.

INSURANCE consumers may have to make up a shortfall of about €600 million once the sale of Quinn Insurance to Anglo Irish Bank and US insurance firm Liberty Mutual is completed.

Finance Minister Michael Noonan has moved to re-assure more than 4,000 workers in the Quinn Group, after the family was effectively removed from the business.

IRISH Life & Permanent may need an injection of up to €1 billion in state funding once details of the stress tests are announced tomorrow.

HOUSE prices are likely to plunge faster than expected to hit rock-bottom but there are some signs of activity in the market.

The High Court has decided to revisit its earlier ruling not to save one of Ireland’s oldest homebuilders.

The High Court has decided to revisit its decision not to save one of Ireland’s oldest homebuilders.

The High Court is to decide whether it should revisit plans to save one of Ireland’s oldest homebuilders.

Bankers Sean FitzPatrick and David Drumm are to be hauled before an accountancy watchdog tribunal, it was revealed today.

THE European Commission is expected to approve restructuring plans for Anglo Irish Bank, Allied Irish Bank and the Irish Nationwide Building Society next week, just weeks before new plans will be presented.

IN response to an article “Credit union unable to pay dividend” (December 9), the Irish League of Credit Unions would like to clarify a number of issues in relation to credit union bond holdings in Anglo Irish Bank.