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Sunday 3 December 2023 Dublin: 4°C

# Banking Bailout

All time
Irish life CEO remuneration breaches government's pay cap - Doherty
Sinn Féin finance spokesperson Pearse Doherty says Kevin Murphy’s total remuneration package of €586,000 breached the government’s own pay cap.
German conditions on Spanish bank deal strike blow to Ireland's hopes
Germany ensured that Spain’s €100bn banking bailout would go through the government – meaning it counts towards national debt.
AIB still paying millions for staff gym and golf club fees
The bank – which is 99.8 per cent owned by the taxpayer – still pays fees for thousands of staff, despite a State ban on bonuses.
Noonan assures German bankers: 'Ireland will not burn senior bondholders'
Michael Noonan tells an audience in Berlin that senior bondholders in banks, or in the Irish state itself, will be repaid in full.
Government's 2011 tax income misses Budget target by 2.5 per cent
New data published by the Department of Finance show that income tax, VAT and corporation tax were all lower than expected.
AIB has defaulted: the official verdict of a global banking group
The International Swaps and Derivatives Association says AIB’s plans for burden-sharing are tantamount to a default.
Moody's warns Ireland's credit rating may be cut
The increased cost of bailing out the banks may mean that Moody’s will downgrade Ireland credit rating once again.
State appoints PwC to help run nationalised AIB
PricewaterhouseCoopers gets the AIB gig – despite having said Anglo would only cost a total of €4bn. Whoops.
Black Thursday: home reaction
The national newspapers react to the cost of the banking bailout.