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David Drumm isn't giving up on his bid to go bankrupt in the US
The former Anglo CEO filed appeal papers last night.
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The former Anglo CEO filed appeal papers last night.
The bank said the information is “commercially sensitive”.
Eleven out of 12 Freedom of Information requests to the Department of Finance about the liquidation of IBRC have been refused. The other was withdrawn.
A letter from David Drumm to Brian Lenihan in October 2008 has been released in full to the Sinn Féin finance spokesperson Pearse Doherty and is revealed in full for the first time.
The Irish Bank Officials Association says that the meeting is evidence of the legitimacy of IBRC staff’s claims over redundancy packages being cut.
The move is being made to protect the institution’s US assets.
Dozens of current and former staff at the former Anglo Irish Bank have been affected by the data breach.
The former chairman of the defunct bank has come under pressure for “singing dumb” in relation to what he knew about the Anglo Tapes.
The bankrupt former billionaire tells the Impartial Reporter his time in jail has made him determined to clear his name.
Furniture from former offices of the infamous bank in south Dublin will go up for auction this weekend.
The finance minister says the ECB has not told Ireland to refuse Freedom of Information requests about the IBRC wind-up.
The Irish Bank Officials Association is now telling its members at IBRC to cooperate with NAMA if they are interested in roles there having previously said it was “imperative” that they did not cooperate.
Staff at the former Anglo Irish Bank have seen previously agreed redundancy packages invalidated following the dramatic liquidation of the financial institution in February.
The Irish Bank Officials Association has told IBRC workers not to cooperate with NAMA amid an ongoing dispute over redundancy terms for workers at the liquidated bank.
Since the bank formerly known as Anglo Irish Bank was liquidated last month ordinary workers have been left in the dark as to their fate and that of redundancy packages they’d agreed prior to ‘promnight’. Here, an employee speaks out…
The Sinn Fein president told TheJournal.ie this week that while the “vast majority of TDs probably don’t take a sup at all” there were some who were drunk during the debate on legislation to liquidate IBRC.
Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.
Michael Noonan has said Mike Aynsley and other senior IBRC figures are entitled only to their statutory minimums.
The Finance Minister said that “insofar as we can” the interests of staff at the bank would be looked out as some 800 employees face uncertainty following the liquidation of the bank last week.
It was dramatic, chaotic, uncertain and very confusing as Ireland struck a deal to tear up the promissory notes and repay Anglo’s debts over a longer period. Here’s how it unfolded…
The government argues that swapping the €3.06 billion annual payments for long-term bonds is the best we could have got, but others argue we’re still paying the debt. What do you think?
The Department of Finance has put together these figures to illustrate the benefit to Budgets 2014 and 2015.
The independent body, which takes over ownership of the promissory notes in the deal, welcomes the moves.
Sinn Féin’s Pearse Doherty said there will be €1 billion of interest on the bonds every year.
The Taoiseach’s full speech to the Dáil on the revised promissory note arrangements which will see the IOUs replaced with long-term government bonds.
David Hall says his case concerns issues wider than that of the €3.06 billion payment due in March that now appears unlikely following the liquidation of IBRC overnight.
“Could I honourably suggest that if you want some order from the government TDs then perhaps you should close the Dáil bar.”
Why on earth were the Dáil and Seanad sitting until the small hours of this morning? This might help…
The President returned from his official visit to Rome yesterday to sign the emergency legislation.
TDs voted by 113 votes to 35 to wind down the former Anglo, laying off its employees with immediate effect.
Watch live from the Seanad Chamber as members deliberate on whether to immediately wind down the former Anglo.
Here’s the total voting chart for how the Dáil divided on its final decision to liquidate the former Anglo Irish Bank.
Catch up with text commentary from the Dáil as TDs voted to wind up the former Anglo.
The government wants to issue long-term bonds to get rid of the IBRC promissory notes. What do you think?
Michael D Higgins has interrupted a trip to Italy to make himself available if the Oireachtas passes an IBRC bill tonight.
It’ll be a late one in the Dail.
Paul Kehoe: “The Minister for Finance has taken action to secure the stability of IBRC in the face of these leaks.”
TDs will reconvene after 10pm tonight to discuss plans to transfer IBRC’s assets to NAMA – as part of a deal to replace the promissory notes with long-term Government bonds.
15 TDs, led by Shane Ross, have tabled a motion calling for a public assertion that Ireland won’t make the next repayment.
The Dublin businessman David Hall had taken a case against the State arguing that the issuing of the €31 billion promissory notes to the former Anglo Irish Bank is illegal as there was no Dáil vote.
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