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#Liquidity

# liquidity - Tuesday 15 January, 2013

New guide published on insolvency in Ireland

It goes through the various new options available through the new Personal Insolvency Bill to someone who is experiencing financial difficulties.

# liquidity - Monday 19 November, 2012

Ulster Bank fined €1.9 million by Central Bank

This is the first time a bank has been fined by the Central Bank for breaking capital requirements.

# liquidity - Wednesday 6 June, 2012

EU set to unveil new plan to protect taxpayers from bank losses

New proposals aim to ensure that losses are borne by shareholders and creditors.

# liquidity - Wednesday 30 May, 2012

The Daily Fix: Wednesday Daily Fix This post contains videos

The Daily Fix: Wednesday

Your essential evening round-up of the day’s biggest news…

# liquidity - Sunday 22 January, 2012

From The Daily Edge Katie Price urges closer EU fiscal union but warns against quantitative easing Unexpected This post contains images

Katie Price urges closer EU fiscal union but warns against quantitative easing

The glamour model said that her Twitter account had not been hacked as she gave her take on world economic affairs this afternoon.

# liquidity - Thursday 15 September, 2011

Brussels paints bleak picture for European economic recovery

The European Commission’s new review lowers its expectation of economic growth, which will be flat in the third quarter.

# liquidity - Tuesday 2 August, 2011

Businesses now taking even longer to pay their bills - survey

If you’ve issued an invoice to a construction company in Waterford, you might be waiting a while for payment…

# liquidity - Thursday 11 November, 2010

Lenihan admits: Ireland's bond problems are "very serious"

The Minister for Finance acknowledges international concern about the risk of an Irish default.

# liquidity - Wednesday 18 August, 2010

US CLOTHING CHAIN American Apparel says it may not have enough money to continue operating for the coming year.

The company reported a preliminary second-quarter loss of between $5 million and $7 million today, and said it may not have enough liquidity to cover itself for another year.

The company said it expects its losses to continue into the third quarter. It opened its Grafton Street branch just over a year ago, on 30 July, 2009.

Shares in the company plummeted by over a quarter today after preliminary losses were announced and news broke the company had been subpoenaed over its change of accountants.

The company’s independent auditor Deloitte & Touche resigned earlier this year, and the chain hired Marcum which had audited American Apparel from 2005 to 2008.

American Apparel shares have fallen by 67% this year.

Company chief executive, Dov Charney, is known for controversial antics like personally photographing models in sexually suggestive photo shoots.