Showing posts with label Anglo Irish Bank. Show all posts
Showing posts with label Anglo Irish Bank. Show all posts

Sunday, June 30, 2013

VIDEO: Latest Business News: U.S. Energy Department Pledges Action in Handling Gas Export Applications







U.S. Energy Department pledges action in handling gas export applications. Emerging Markets Struggle. Irish banker apologizes for taped comments













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VIDEO: Latest Business News: U.S. Energy Department Pledges Action in Handling Gas Export Applications

Monday, June 24, 2013

BUSTED: Bankers Caught On Tape, Joking About Bailout, And How They’d Never Pay It Back


Julia La Roche
Business Insider
June 24, 2013


Once again, we have some more embarrassing conversations between bankers…


The Irish Independent, a Dublin-based newspaper, has uncovered tapes of an internal phone conversation from September 2008 between two executives at Anglo Irish Bank during its bailout deal and they sound pretty scandalous. The Irish Independent points out that the recordings show they misled the Central Bank.


The executives from the recording have been identified as John Bowe (head of the bank’s capital markets) and Peter Fitzgerald (director of retail banking).


However, Bowe “categorically denied” that he misled the Central Bank and Fitzgerald, who wasn’t involved in discussions with regulators, said he was unaware of any intention to mislead, the report said.



WARNING: Graphic language!


Read full article


This article was posted: Monday, June 24, 2013 at 12:40 pm


Tags: economics, financial









Infowars



BUSTED: Bankers Caught On Tape, Joking About Bailout, And How They’d Never Pay It Back