Fri, 16 Dec, 2016
Tue, 23 Feb, 2016
First the good news: Ireland’s economy is forecast to experience a resurgence in 2014, its first full year after emerging from the bailout, according to the Economic and Social Research Institute, the nation’s leading think-tank.
Thu, 19 Dec, 2013
An emergency law giving the minister for finance power to spend “possibly limitless” sums of public money supporting financial institutions via promissory notes was so general it could mean the minister intended to “save a village credit union or Anglo”, the High Court has heard.
Fri, 11 Oct, 2013
Four TDs — Clare Daly, Luke Flanagan, Mick Wallace, and Joan Collins — want to be joined to businessman David Hall’s legal challenge to the Government’s payment of promissory notes issued in favour of the former Anglo Irish Bank and other financial institutions.
Fri, 08 Feb, 2013
A businessman has claimed in a High Court action that the Government's decision to issue €30bn worth of promissory notes to financial institutions Anglo Irish Bank, Educational Building Society and Irish Nationwide Building Society is unlawful.
Mon, 26 Mar, 2012
A FIRM of solicitors retained by a bank to act for it concerning substantial loans to property developer John Kelly and struck-off solicitor Thomas Byrne is being sued for €23 million over an alleged failure to ensure the bank had proper security related to those loans.
Wed, 06 Jul, 2011
THE fifth stress test exercise on the Irish banks — bringing the total bailout bill for the country’s financial sector to around €70 billion — “doesn’t score highly on fairness” to the taxpayer, but marks the best way forward, according to Central Bank Governor Patrick Honohan.
Fri, 01 Apr, 2011
A DEVELOPER being pursued by the Educational Building Society over loans of €8.4 million has claimed the society got its own “in-house” broker to hugely inflate the value of a development site to e10m to ensure his loan application was successful.
Fri, 03 Apr, 2009
The United States Congress balked at a rescue package worth $700 billion (€485bn) on Monday, because of the implications of providing government support for bad private investments. The Irish Government, on the other hand, effectively drew up a guarantee for the banks of €400bn, or $570bn.
Wed, 01 Oct, 2008