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As if the above weren’t bad enough, how about this slice of sickening flattery from the IT?http://www.irishtimes.com/newspaper/opinion/2012/1217/1224327922953.html
It says it all doctorfive, it really does.
And another €180,000,000 before the year out.
€19,911,338,474 total for this year, all bank debt and the Irish Times thinks it’s us who should be thanking bondholders.
It’s a detachment from what is going on at the everyday level that is genuinely OIympian. These people either have no idea or just don’t care. It is as simple as that.
A much more balanced view of Mr Hasenstab and his bets from the NY Times http://www.nytimes.com/2012/02/08/business/a-contrarian-bets-ireland-and-hungary-will-rebound.html?pagewanted=all&_r=0
[...] on Dec 17. Check out who’s paying out, by hitting ‘A good day’ below. http://cedarlounge.wordpress.com/2012/12/17/a-good-day/ BoI (Bank of Ireland) and EBS (now merged with AIB). They are paying ‘Senior [...]
Might be a good time to point out here that Bank of Ireland raised €1 billion through senior bond auction in November and a further €250 million in a subordinated bond last week.
It also wants out of the Bank guarantee scheme.
http://www.independent.ie/business/irish/bank-of-ireland-succeeds-in-raising-1bn-on-bond-markets-3291825.html
http://www.irishtimes.com/newspaper/finance/2012/1213/1224327803344.html