LAST week Brian Lenihan was browsing through the annual report of Anglo Irish Banks. Not a rivetting way for a Minister for Finance to spend his spare time. Lenihan is not a natural number cruncher , but according to witnesses, he scratched his head. Observers say that the minister called one of the eggheads in …
Monthly Archive
for: ‘December, 2008’
Charlie is still our darling
THERE was a wicked rumour doing the rounds in Leinster House last week. Charlie McCreevy was back in town making waves. He stirred it up a bit — as only he can — left people puzzled, and then headed for Brussels.
Bankers Living In Lala Land
Another week in wonderland for Ireland’s bankers. Terrible results from Anglo, but its boss David Drumm pronounced them a triumph. The big chief of the crippled bank came out fighting. His message was unreal, but familiar. All is well at Anglo. No dividend maybe, but no consolidation, no recapitalisation, no merger, no panic. Two fingers …
First Blood At Fortress Fás
THERE is something of the dark about Fas headquarters in Dublin’s Baggot Street. In recent weeks, my colleague Nick Webb and I have visited Fortress Fas. Please God, we will never need to do so again. Fortress Fas has been politically protected for decades. For several years I have been battling with the bosses manning …