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Wednesday, Mar 17th 2010

Articles Covering Credit Crisis

Home Repossessions Set to Balloon

An article by Joanne Spain of Sinn Féin • March 10th 2010

Sixteen months after the Dublin government committed the state to underwriting the six main banks’ total deposits and loans, and half a year since the introduction of the NAMA initiative - the issue of home repossessions has come to the fore. Billions of euro have been invested in the banks, eleven to be exact. Not [...]

Half-Housed Assets

An article by Ciaran O Kelly of Draw Breath • September 23rd 2008

“If you owe us £1,000, it’s your problem; if you owe us £1 million, it’s our problem” was how Justice Moriarty described the AIB’s attitude towards lending when he was chairing the tribunal investigating Charlie Haughey’s adventures with AIB.
How right he was. While we read the good news about the American government’s using [...]