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    QFA qualification

    How many of the senior executives in banks were QFAs?
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    Advice appreciated on finances.

    Has your credit union got a regular savings deposit scheme? This would build up your borrowing capacity. Otherwise pay off your loan. If your mortgage is close to 7 years old remember you will lose some tax relief once you go past 7 years so it will cost you more. Factor this in to your...
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    Role of Financial Regulator

    Fianna Fail bring in Sir Moneybags from the City to advise on financial regulation. This is how far the so called republican party have drifted from their ideals and also how devoid of ideas or expertise they are. Now we have a banking commission with consumer information being moved to Cork...
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    is beirut safe?

    If you are in Limerick , move to Beiriut. If you are in Bagdad, move to Limerick. And if you are in Helmand, don't move or you will be shot.
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    How safe female 20yo to travel home alone in taxi frm centre Dublin to suburbs 2-3am?

    Re: How safe female 20yo to travel home alone in taxi frm centre Dublin to suburbs 2- Sit in back. Phone ahead when you get in to say you are on the way. Be sober. Carry a hurley in your handbag ( guaranteed to get the conversation going as well as acting as a defensive implement).
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    Why is NAMA including good loans?

    Darag - you are welcome to use the definition of Fair Value once you credit the source. By the time the government is finished bailing out the Galway tent it will need to hire Croke Park or the 15 Acres, such is its largesse. Fianna Flaithiulach probably sums it up. Is there any truth that the...
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    Consumer Panel reports on Financial Regulation crisis

    There is little doubt but that the Consumer Panel needs to challenge the whole design of the financial market henceforth - fundmanagers extract hundreds of millions from pension funds as they go down the toilet - well funded insitutions turn out to be short of capital - deposits yield better...
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    Some Basic Nationalisation & Recapitalisation Questions

    What did the politicians say when ICC and ACC were privatised? What is the market price for senior executives in Irish banks today - if there was a transfer market , what could they command? What do the terms of reference look like on remuneration committees of boards in financial...
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    Some questions which TDs and Senators might ask today (26-05-2009)

    Re: Some questions which TDs and Senators might ask today 1. What incentive system will NAMA have for its staff and if it is not the same as for the Banks, will some economist explain why that is the case? 2. What benchmark will be used for judging its performance? 3. What is the tail...
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    Why is NAMA including good loans?

    Brendan, Could the bankers or the NTMA trading as NAMA tell the difference? Do you want to tell your debtors that you do not think they will pay - ask any receiver or liquidator what this does to asset valuation. Fair Value is really what you get in Ballinasloe or at the Puck in Killorglin. As...
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    Summary of the Bacon proposals for NAMA

    Why when there is a medical crisis, the chief medical officer rolls out from the Dept of Health and when there is an animal crisis, out comes the chief veterinary officer in the Dept of Agriculture, but when there is a crisis in the economy, no chief economist surfaces on the airwaves from the...
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    The Pros and Cons of Temporary Nationalisation

    Re: NAMA or Temporary Nationalisation? A summary of the arguments. NAMA is a way of allocating losses between stakeholders over time. You need capital to absorb losses. Banks get capital as follows - from shareholders ( rights issues, new issues, retained profits) - from depositors ( currently...
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    cost of credit union borrowing

    Yes : what is the right thread? I am happy if someones moves it somewhere appropriate.
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    cost of credit union borrowing

    Re: Credit Union Inspections Has anyone experience of firms doing this work and if they have, who are the accounting firms that might be recommended? The Regulator can appoint such accountants and it may have done so in Monaghan, Dunamaggin, Mitchelstown and elsewhere.
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    Visual Guide to the Financial Crisis

    A picture paints a trillion words - they're the numbers we are working in now!
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    Heads to Roll in Irish Banking sector?

    Perhaps you might get some good applicants if you advertised jobs like those with even half the current benefit package. Is that not how how the executive labour market works in that good benefits attract good people? Or is it the case the exorbitant remuneration is only for the current holders...
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    Does share price actually matter for banks?

    The share price is a measure of confidence, a rating on the management team, a judgement on the results, and a valuation of medium term profits(!) so I would say it matters alright. Can you think of any other business that the leaders would be retained if they had reduced the value by a factor...
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    bank dividends cut

    If the Government gives them a big cash injection, ie a big subsidy, then you should see that flow through within a year or two. Champions of capitalism!
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    Questions for the Financial Regulator

    How did the Regulator's actions square with its own professed objectives, principles and goals? What information is furnished to the Board and what is kept from it and who decided what should be included in each category? How long does it take to act on serious issues? Why so secretive...
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    What happens State Deposit Guarantee Scheme if country goes bankrupt

    All our senior bankers will be made available to the international creditors as indentured servants until the debt is paid off. The Chinese use the term re-education to characterise the de-construction and subsequent re-construction of an individual's set of values in these circumstances.
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