Irish PM promises probe against bankers who duped government with figures 'picked from their ar*e'

http://rt.com/news/anglo-irish-bank-probe-221/ ^

[kronos77]

Irish officials has promised a state investigation into the 'arrogant' actions of Anglo Irish Bank, in which executives allegedly covered up their losses in order to secure large bail-outs from the government in the 2008-2009 financial crisis.

The Irish public must learn the full truth of how Anglo Irish Bank deceived government officials and nearly led Ireland to bankruptcy, Prime Minister Kenny told lawmakers Tuesday.

"Believe you me, I understand the rage and the anger of so many people who have been affected by all of this," said Kenny.

The Prime Minister’s terse words follow a scandal that broke out after a leaked recording capturing a 2008 conversation of two senior Anglo managers was published by The Independent on Monday in which their plot to conspire to conceal the bank's true scale of losses was revealed.

The internally recorded phone calls reveal how bank bosses misled the Central Bank of Ireland that Anglo bank required 7 billion euros to prevent its collapse. Anglo's losses reached 30 billion euros, nearly half of a total bank-bailout bill that forced Ireland to seek IMF bailout money.

"I mean the degree of arrogance, the degree of hubris, the degree of couldn't-care-less-about-the-taxpayer, about the Irish people, that seemed to be part and parcel of the culture of that bank," deputy prime minister Eamon Gilmore said.

[Red Badger]

So, just where is he going to ‘probe’?.............

[cuban leaf]

Yeah. It’s kinda bad to use “probe” and “ar*e” in the same sentence. ;-)

[cuban leaf]

Come to think of it, if the figures were picked from their ar$es, I know EXACTLY where it should be shoved...I mean, uh, inserted. No wait! I mean “put”.