Shane Ross

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Interview on Ireland AM

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Drink Driving – The Facts

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Archive for May, 2010

Ex-AIB Insider Lands at Anglo

THE scene: Anglo Irish Bank HQ, St Stephen’s Green, Dublin 2. Location: The Sean FitzPatrick Memorial Room for Humble Bankers.

Interviewers: Outgoing Anglo Irish Bank chairman Donal O’Connor and current director Maurice Keane (ex-Bank of Ireland)

Interviewee: Gary Kennedy (ex-finance director AIB)

Vacancy: A seat on the board of Anglo
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CIE no-shows Should be Fired

NOT a good week for the NEDs.

The NEDs ?

Yes, the NEDs.

First, the Bank of Ireland hid its NEDs from its shareholders.

Then CIE hid its NEDs from the public.

NEDS are the best buried bodies in Ireland.
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No Wonder Merkel’s Angry

WHAT a great week for Ireland. Our nemesis, the credit rating agencies, are beating a retreat; the British Tories have been forced to form a coalition government; Cameron and Clegg are going to follow us down the road of pain and penance; the two happy UK victors are 18 months behind us. And we know they will not look quite so happy in four weeks.

Not a bad feeling.

The rest of Europe is in the manure business, too. Yippee.

Ten days ago, the euro was on the eve of destruction.
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Credit Ratings Agencies Playing God

THEY all bear neutral names, like ‘Moody’s,’ ‘Standard & Poor’s’ and ‘Fitch’. Such soothing sounds disguise fiendish power. So far this year the dreaded global ratings agencies seem to have flown below the Irish radar. Probably because they have been nursing self-inflicted wounds.

Last year they managed to perform a feat almost unparalleled in Irish politics. They united Fianna Fail’s Brian Lenihan and Labour’s Joan Burton against them.
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AIB Wimps and Cute Hoors

Last Wednesday I set out for the AIB agm. The shareholders were mostly the usual pensioners, battered by the hardship inflicted on them by the bank they once trusted.

Nothing had changed on Wednesday, although AIB chairman Dan O’Connor is far softer on the surface than his predecessor Dermot Gleeson. First he listens with concern to the small shareholders. Then he rams the resolutions down their throats with his proxies.
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