Still on the subject of the O’Donnell family’s gargantuan battle against the Governor & Company of the Bank of Ireland, we are all too aware of the portrayal of the rise and fall of the O’Donnell’s fortunes according to the Irish media, but as with all epic confrontations, there are two sides to every story. […]

Just before I proceed to the substance of this article, I would like to give a little insight as to the basis of the article. The origins of the Governor & Company of the Bank of Ireland entered the public domain today, in the ongoing saga of the battle for Gorse Hill and Brian O’Donnell’s […]

Today’s report from John Downing in the Irish Independent titled “ECB reveals huge Asset buying plan…” reveals nothing other than everything that is wrong with the European Project and modern Banking as a whole. The article is here: Let’s look at this from the “man in the street’s view”, firstly we must ask, where […]

Originally posted on the gubu gazzette:
We need to talk about the banks – we really do. And we need to keep talking about them, because everything that is wrong in this country today, stems from them. To fix things, we need to treat the cause, not the symptom, and the cause in this case, is…

“How much money are we talking about overall? Let’s just look at 2005 and 2006, the two years at issue in the FHFA case, and the biggest years for mortgage-backed securitizations. Banks sold over $1 trillion in mortgage-backed securities each of those years. So, if Nomura’s behavior was typical, then banks would be legally liable […]

Response to Brendan Burgess article in the Irish Independent 18/03/2015 here: What a one-sided article from a person who supposedly claims to be an expert on financial matters, the opening statement says it all: “In every other country in the developed world, when a borrower doesn’t pay their mortgage the lender gives them a […]

So, as the title states “Stay in your home”, this article is about Irish Families and their struggle with financial institutions who, following an overwhelmingly self-induced catastrophic business failure now seek to dispossess up to 100,000 Irish families, of the cornerstone of the family – the family home. In the lion’s share of these cases, […]

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