Prepare to welcome your new IMF overlords

[Bandage]

@Appendage

This is all so boring. Could the students who have time to follow this shit all fuck off or else post something amusing.

:lol:

[Rocko]

@KIB man

Your narrow view of what it constitutes to be Irish sickens me again. In any case there are banks in Ireland who are not part of NAMA, who do hold development loan bad debts. They have already liquidated some property and I expect this to continue.
Can’t see Rabobank. Danske or RBS negotiating with NAMA. Any link to prove your theory?

Not many people would call Rabo, Danske or RBS Irish.

Again not sure why you’re persisting with this. It’s not even an argument. The banks that are indebted to NAMA don’t really get much of a choice because NAMA takes over all developer loans whether they’re performing or not performing.

Here’s your link:
http://www.independent.ie/business/irish/nama-will-offer-foreign-lenders-loans-and-property-in-deal-plan-2250317.html

[turfcutter]

the salt, the seed potatoes and the sheet iron I get but why nails, I must clean the shotgun too

@SHANNONSIDER**

What’s Seanie Dunne at these days? Haven’t heard sight nor sound of him since he was last seen picking a copper off the floor of Doheny & Nesbitt’s in the company of a New York Times journalist.

Turfcutter, not sure about the biscuit tin solution. Something could trigger a phase of hyperinflation like the papiermark experienced in the early Weimar republic and your biscuit tins full of cash could end up having merely enough purchasing power to buy a Mars Bar. If I was you I’d convert all cash into a spread of 2" galvanised nails, salt, seed potatoes and sheet iron.

[The_Runt]

Big rumour doing the rounds tonight that AIB were struggling big time today to secure “overnight” funding from European investors.
I’m not really sure what this means, but the talk is that this could be the straw that breaks the camels back, as the Government will have to use the it’s cash reserves to the keep the bank liquid, meaning we will have to go back to the bond markets quicker than anticipated.

[Sidney]

@The Runt

Big rumour doing the rounds tonight that AIB were struggling big time today to secure “overnight” funding from European investors.
I’m not really sure what this means, but the talk is that this could be the straw that breaks the camels back, as the Government will have to use the it’s cash reserves to the keep the bank liquid, meaning we will have to go back to the bond markets quicker than anticipated.

Anything I have read over the last year indicates that AIB is an absolute basket case - as bad as Anglo.

[The_Runt]

I think the Guardian had an article to that affect today. That the Irish Government have been concentrating on the wrong bank and that AIB will end up being worse than Anglo

[KIB_man]

Did someone mention a run on AIB?

AIB is a fundamentally corrupt company. DIRT, Rusnack etc . Of course AIB and BOI should have been merged and nationalised from day one and the rest thrown to the wolves. Not that it matters now I guess.

Lenihan is nothing more than a Comical Ali figure at this stage. He hasn’t a fucking clue

[SHANNONSIDER]

@turfcutter

the salt, the seed potatoes and the sheet iron I get but why nails, I must clean the shotgun too

Nails are always useful in the building of rudimentary structures, any good frontiersman needs nails. Now that this civilisation is about to collapse we’ll all be frontiersmen again.

[Julio_Geordio]

Price of a bond back at €8.70 this morning.

[The_Runt]

How could I get my hands on some Bearer Bonds?

[Julio_Geordio]

@The Runt

How could I get my hands on some Bearer Bonds?

Some sort of heist would be your best bet

[Garda_Sean_Horgan]

@Julio Geordio

Some sort of heist would be your best bet

Careful now.

yours etc,
GSH.

[Sidney]

Wow they’ve dropped to €8.24. This is a real two fingers to all those who doubted Brian Lenihan. Then again it could be just the normal ebbs and flows of the marketplace before it reaches 10% on Wednesday.

[Fagan_ODowd]

Comical Leni as Paul Somerville called him on Vincent last night.

You’d have to see Merkel really pulled the rug on his taxpayers will have to cough up every penny to the bondholders strategy and I’d say the Irish banks and thus you and I will pay a huge price for their borrowings in the future.

I’m getting out of the debt market myself.

[turfcutter]

you could get into mink skin hats

@SHANNONSIDER**

Nails are always useful in the building of rudimentary structures, any good frontiersman needs nails. Now that this civilisation is about to collapse we’ll all be frontiersmen again.

[Sidney]

I am diversifying into Garlic growing and hope to enlist Brian Lenihan as the celebrity face of my product.

[Fagan_ODowd]

Relief at last. Lenihan has thanked Britain , France and Germany for issuing a statement that has calmed the market for Irish debt.

Good to see we are still in control of our own affairs so and we haven’t lost any of our hard earned sovereignty.

[The_Runt]

[quote=“Fagan O, post: 518508”]

Now that Lenihans comment has lulled them into a false sense of security I feel the time is right for us to strike, and invade the UK.

[Fagan_ODowd]

@The Runt

Now that Lenihans comment has lulled them into a false sense of security I feel the time is right for us to strike, and invade the UK.

We will have to sell a few war bonds first

[Sidney]

We’ll invade them by buying up all of Bond Street.