Z z101 Guest 17 Feb 2009 #1 With Walsh legging it what does that mean for the condition Irish Nationwide?? Should deposit holders be worried?
With Walsh legging it what does that mean for the condition Irish Nationwide?? Should deposit holders be worried?
M MissSherry Registered User Messages 52 17 Feb 2009 #2 Ceatharlach said: With Walsh legging it what does that mean for the condition Irish Nationwide?? Should deposit holders be worried? Click to expand... I'm wondering that too on another thread: http://www.askaboutmoney.com/showthread.php?t=105208
Ceatharlach said: With Walsh legging it what does that mean for the condition Irish Nationwide?? Should deposit holders be worried? Click to expand... I'm wondering that too on another thread: http://www.askaboutmoney.com/showthread.php?t=105208
Z z109 Guest 17 Feb 2009 #3 Aside from the governments deposit protection scheme, the ECB exists as the lender of last resort to provide liquidity funding to cope with a run on a bank. As long as we are in the euro, you have little to worry about.
Aside from the governments deposit protection scheme, the ECB exists as the lender of last resort to provide liquidity funding to cope with a run on a bank. As long as we are in the euro, you have little to worry about.
M MissSherry Registered User Messages 52 17 Feb 2009 #4 So you're saying we'd be bailed out by Europe if the Irish Govt couldn't in reality repay our deposits?
So you're saying we'd be bailed out by Europe if the Irish Govt couldn't in reality repay our deposits?
Z z109 Guest 17 Feb 2009 #5 If there was a run on the banks, the ECB *should* stand in to provide liquidity in return for assets until confidence returns... Vote yes for Lisbon II...
If there was a run on the banks, the ECB *should* stand in to provide liquidity in return for assets until confidence returns... Vote yes for Lisbon II...
M MissSherry Registered User Messages 52 17 Feb 2009 #6 yoganmahew said: If there was a run on the banks, the ECB *should* stand in to provide liquidity in return for assets until confidence returns... Vote yes for Lisbon II... Click to expand... I hear ya.
yoganmahew said: If there was a run on the banks, the ECB *should* stand in to provide liquidity in return for assets until confidence returns... Vote yes for Lisbon II... Click to expand... I hear ya.
C crabbybear Registered User Messages 94 18 Feb 2009 #8 If the government had to bail INBS out, would there be a payment to members?