Shane Ross

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Minister for Transport Shane Ross has described the potential Brexit impact as a ‘geopolitical, economic earthquake’.

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We can take on world’s best and win – a look back on an incredible year for Irish sport as tourism to hit record high

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Archive for September, 2013

It’s time for Governor Honohan to start kicking ass as banks play him for a fool

The amiable Governor of the Central Bank has been a consistently popular figure at Oireachtas committees since his appointment in 2009. TDs liked him. He was one of the new brigade, appointed to clean up the mess left by his predecessors. Patrick was a break with the past.

Breaks with the past have turned out to be chillingly familiar faces in the banking world. In 2009, Bank of Ireland recalled its former boss, Pat Molloy, as its “new broom” governor to succeed the unlamented Richard Burrows. In its haste, the board somehow overlooked the reality that Patrick had worked in the same bank for 50 years.

Why Oireachtas Enquiry is Music to Bankers’ Ears

Next year’s trials of financial executives will be thwarted by years of posturing and prejudicial political comments, writes Shane Ross

They played for time as countdown to catastrophe ticked away

Bankers knew fate of the nation was at stake, but still they conspired to delay our date with disaster, says Shane Ross

Pat the Banker Earns his Bread

Bank of Ireland has resorted to calling in the ghosts. When I arrived at the Dail’s Finance Committee hearings last Wednesday, I fully expected to be spooked by the forbidding figure of Bank of Ireland boss Richie Boucher.
Boucher was there all right. Indeed, he was pontificating as I arrived, but it was the man beside him who sent me into spasms. There he sat perched on the podium, a veteran of past Oireachtas committees, a former general secretary of Fianna Fail, a senator nominated by Taoiseach Albert Reynolds, the last boss of the Irish Bankers’ Federation, the one-time communications chief at the EBS, a fully paid-up member of the banking/politics old guard, Pat Farrell.

A Strange Coincidence, or not?

Which embittered cynic insisted that stockbrokers never issue “Sell” circulars?
Probably some brass- necked journalist. Last week, Davy, the doyen of Ireland’s brokers, confounded convention. It issued a “Sell” note about Paddy Power bookmakers.
Some poor innocents – somewhere – still take heed of Davy’s views on the market. Paddy Power shares tumbled in reaction to the broker’s thumbs down.