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Farewell from NWL 19 May 2013 | 06:00 pm
Well that day has finally arrived. After 3.5 years and 2,700 blogposts, this is the final NAMA wine lake blogpost. I truly regret that I can’t continue something that has become more than full-time a...
Happy 70th Birthday, Michael 19 May 2013 | 06:00 pm
For two of the past 3.5 years on the NAMA wine lake blog, the ingenious talent that is Japlandic has very kindly offered their services with interpreting what have been historic events as well as ever...
Of the Week… 18 May 2013 | 04:02 am
Table of the Week This week, the European statistics agency, Eurostat published the latest GDP data for the EU and selected non-EU countries. Nine of the 27 EU countries are clearly in recession wit...
Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of European Commission commitments 17 May 2013 | 06:23 pm
“Additional financing to existing borrowers: The merged entity may not provide additional financing which is not contractually committed at the time of the approval of the joint restructuring plan (in...
Gayle Killilea Dunne asks to be added as notice party in Sean Dunne’s bankruptcy 17 May 2013 | 04:30 pm
According to the US court service, PACER, there have been 52 filings so far in Sean Dunne’s bankruptcy in Connecticut – the betting is that by the time this bankruptcy is resolved there will be a mult...
NAMA sues Maria Byrne and Graham Byrne in Dublin’s High Court 17 May 2013 | 03:39 pm
Welcome to another depressingly sparse and qualified blogpost on NAMA’s latest foray in Dublin’s High Court. Yesterday NAMA, or specifically, National Asset Loan Management Limited represented by top-...
Johnny Ronan finally wins a court case 16 May 2013 | 07:43 pm
This afternoon in Dublin’s High Court, Mr Justice Iarflaith O’Neill ruled in favour of the colourful Johnny Ronan’s landlord company in a case against the tenant, the Irish Medical Council. Johnny’s c...
KBC continues to suck funding out of Irish market amid continuing losses 16 May 2013 | 05:51 pm
“These are challenging times for the whole banking sector in Ireland, not just for the domestic banks. KBC Ireland is an important provider of credit to the Irish housing market and as the Deputy righ...
NAMA board member (not to mention Michael Noonan’s director of elections) appointed chair of HIQA 16 May 2013 | 03:09 pm
If you were asked to name the NAMA board, you’d probably struggle beyond Brendan McDonagh the CEO, Frank Daly the chairman and John Mulcahy the head of asset management. But there’s a former IMF missi...
27% decline in IFSC banking licenses since 2010 16 May 2013 | 10:30 am
The former CEO of the NTMA and now Government-nominee to the board of AIB, Michael Somers made headlines a fortnight ago when he claimed that increased regulation was leading to international banks to...