Posted on 06/25/2013 12:50:44 PM PDT by Olog-hai
Irish leader Enda Kenny has said he understands “the rage and the anger” of Irish people on Monday (24 June) following a leak of taped conversations by two Anglo-Irish Bank bosses which indicate the Irish government was conned into propping up the bankrupt lender.
The taped conversations, obtained by the Irish Independent newspaper, between John Bowe and Peter Fitzgerald, who led Anglo-Irish’s capital markets and retail banking arms, respectively, indicate the Irish government was duped into pumping €7 billion ($9.2 billion) of emergency cash into the bank on the assumption that it would plug the lender’s funding crisis.
But the €7 billion figure was just a ruse to get the government to put “some skin in the game,” with the bankers assuming that politicians would have no choice but to provide further emergency funding once they had been “pulled in”. …
(Excerpt) Read more at euobserver.com ...
Personally, I think what they did is the equivalent of treason against their country and they should be executed.
Yes. I am dead serious.
It sends a message to other would be shiesters.
Can’t wait to hear from Clare Daly after she took the heads off of her colleagues in the Irish Paliament regarding Islamocommie and his war criminal dealings....
How wonderful it would have been if Bush had called an emergency meeting with the top financial leaders (e.g. CEO's and VP's of Goldman-Sachs, BofA, Fannie Mae, Standard & Poors, etc.) and had them board a plane to a secret location.
Later they all find out the secret location is Guantanamo and they'll have plenty of time on their hands to dream up their next Ponzi schemes. Schemes they would never get a chance to implement while waiting indefinitely as enemy combatants against the US.
There was a time that “Debasement of the currency” was a capital crime in this country.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.