The Golden Circle

21st February, 2009

There has been much ado this week about the Golden Circle -the 10 investors who were lent money by Anglo Irish Bank to buy shares......

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What the markets think… CDS

13th February, 2009

Credit Default Swaps (CDS) are financial tools that measure risk. The spread on these CDS reflect the risk that the market attributes to that risk actually......

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Bring in the Fraud Squad

11th February, 2009

The revelations today about the lending of billions of euros between Irish banks is an act of vicious vandalism against the Irish state. The reason why......

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Real risk of social unrest if the planned reforms to respond to the recession are not fair or not understood.

3rd February, 2009

There is now the very real risk of social unrest if the planned reforms to respond to the recession are not fair or not......

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Off to Davos

28th January, 2009

Oh dear. My contribution on the order of business today caused a bit of a stir. I posed a number of questions about the discussions......

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First Active Job Losses

26th January, 2009

The job losses in First Active are terrible news and I am so sorry for the many families that will be dealing with this and......

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Passing the Anglo Irish Legislation

25th January, 2009

The Irish Times published an article yesterday about the Fine Gael leader in the Seanad Frances Fitzgerald challenging the result of the vote on the nationalisation......

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Banking Bailouts and Where the Money Comes From

21st January, 2009

The Seanad sat late last night to pass the legislation to nationalise Anglo Irish Bank. Due to the speed with which it was brought through......

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Banking Bailouts and Where the Money Comes From

21st January, 2009

The Seanad sat late last night to pass the legislation to nationalise Anglo Irish Bank. Due to the speed with which it was brought through......

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The Oireachtas Committee System

19th January, 2009

I estimate that I spend at least 1/3 of my time in the Oireachtas attending Committee meetings. The Committee system has begun to attract......

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