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Hi Brendan, It was me who said no comment was necessary, precisely because I didn't want to turn the thread into a rant against him. I was answering my query from an earlier part of the thread where I asked what it was as I think it is relevant. I appreciate that he may have achieved some good...

I don't think he knew himself

Brendan, It is disrespectful to refer to someone else's view as a typical tabloid comment just because it differs from your own. Sunny's views reflect those of the vast majority of the people in the country, and barely touch on the anger felt by many. Neary was paid a grossly inflated salary...

No comment is necessary as people will draw their own conclusions on whether Pat Neary is entitled to such reward for his disastrous reign when thousands are losing their jobs and facing ruin. Unsurprisingly, you are quick to jump to Neary defence again without referring to the substantive...

Finally saw details of Neary's retirement package.... no comment necessary: "[broken link removed], the regulator who failed to spot what [broken link removed] was up to at Anglo-Irish bank, was not sacked but allowed to take early retirement with a €390,000 golden handshake of taxpayers' money...

And should also be registered with the PRTB in order to claim the mortgage interest as an expense.

I know where to buy black paint if that'll help!

Can I ask what the bank loan was for if you don't have a house or car yet? If you can save €400 a month the first step should be to clear the credit card, which carries the highest interest charge (switch to the lowest rate card offer available). Reduce your overdraft to make sure you don't go...

I think Amazon's Kindle was the market leader but they underestimated demand & are sold out. http://www.amazon.com/Kindle-Amazons-Wireless-Reading-Device/dp/B000FI73MA/ref=pd_bbs_sr_1?ie=UTF8&s=electronics&qid=1232810401&sr=8-1 I know would always prefer a paperback/hardback to a digital reader...

But in light of what we know to date the distinction between the two is likely to have been very blurred in Anglo. I doubt that the loans were given to 'Seanie' on anything resembling a commercial basis.

But missing a director taking a loan of over €100m out while providing little or no secutiry is a material mistatement. It shows a culture of avarice and disregard for shareholders funds that would have led to investors asking serious questions about how their money was being used. There is a...

And they will start from 2009, showing a nice upward curve with the last two years conveniently forgotten!

Maybe the hedge funds just know there is a wall of fear & uncertainty out there to capitalise on.

Surely this will have to change given the state of the crisis? Why should some people not only get a house at €100,000 below market value but in addition be sheltered from the negative equity that everyone else is facing. Wouldn't be surprised to see the whole AH scheme shut down in the next...

Report it to your tax office also, since they are probably due a substantial tax bill.

This will only change when the accounting profession is no longer permitted to regulate itself, and fines are put in place for negligence. How were they signing off on the property values in the December 2007 accounts - no way they gave a true or fair view of the banks position. When people are...

A good point. Hopefully once the crisis passes we will take the time to consider what sort of society we want to have. It seems we went straight from poverty to greed without considering what sort of a nation we were becoming. We need to move beyond the simplified Boston or Berlin argument and...

This is what was wrong. There was no way they were underwritten in line with normal lending practices. His income was €2/3 million pa and he borrowed €100m (with what security?), which he was free to invest in any hare-bained idea he came up with. If there was nothing wrong with it, he would...

True, but the government should not be relying on the banks to give them information. Would anyone trust them given their record! If the central bank & regulator had been on the ball then the information should have been available with a couple of phone calls. It's the lack of regulation coming...

Re: Anglo Nationalised: what does this mean & what is the significance/consequence of One question on the issue of compensation: The Chairman of Anglo was saying yesterday that the assests exceed the liabilities by €4bn. Lenihan is saying the bank is solvent and is open for business as usual...