English: Anglo Irish Bank, Great Victoria Street, Belfast, Northern Ireland, October 2010 (Photo credit: Wikipedia)
The Irish people, who sacrificed their sovereignty and billions of Euros, are waking this morning to a stunning revelation that the bailout to save Anglo-Irish was engineered by the Bank’s leadership to game as much money as possible from the central bank. The Irish Independent has secret recordings from the period in 2008 – below – that show senior management luring the State into giving it billions as they admit the EUR 7 billion number was «picked out of my arse.»
The bottom-line is that the bank knew they were in trouble and so decided to game the Central Bank and their regulators knowing that once the State began the flow of money, it would be unable to stop: «If they (Central Bank) saw the enormity of it up front, they might decide they have a choice. You know what I mean? They might say the cost to the taxpayer is too high . . . if it doesn’t look too big at the outset… if it looks big, big enough to be important, but not too big that it kind of spoils everything, then, then I think you have a chance. So I think it can creep up… [once] they have skin in the game.» Will there be an Irish Spring as the conspiracy theory of the banking bailout now become conspiracy fact?
The Irish government has complained to European partners after confidential budget information shared with its EU-IMF lenders was leaked by German lawmakers, sparking a political storm at home.
The media and opposition reacted furiously at the fact that the details of the December budget were presented to German lawmakers before their Irish counterparts, heightening fears that its EU-IMF bailout has undermined Irish sovereignty.
(ΣΗΜΕΙΩΣΗ:ΑΠΟ ΤΟ ΘΕΑΤΡΙΚΟ ΕΡΓΟ «ΕΝΑΣ ΟΜΗΡΟΣ» ΤΟΥ ΙΡΛΑΝΔΟΥ ΜΠΕΡΤΡΑΝ ΜΠΗΑΝ ΤΟ ΤΡΑΓΟΥΔΙ ΤΟ ΓΕΛΑΣΤΟ ΠΑΙΔΙ ΑΦΙΕΡΩΜΕΝΟ ΣΤΗΝ ΑΝΤΙΣΤΑΣΗ ΤΩΝ ΙΡΛΑΝΔΩΝ ΕΝΑΝΤΙΟΝ ΤΩΝ ΑΓΓΛΩΝ.ΑΡΓΟΤΕΡΑ ΘΕΩΡΗΘΗΚΕ ΑΝΤΙΣΤΑΣΙΑΚΟ-ΑΝΤΙΧΟΥΝΤΙΚΟ ΤΡΑΓΟΥΔΙ)
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