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€40M Bonuses At Allied Irish Banks

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Stricken Allied Irish Banks is preparing to hand out €40m (£34m) of bonuses next week – despite being on the brink of receiving another emergency bailout from the Irish government.

And of course Joe sucker the British taxpayer funded loan. :ph34r::angry:

http://www.guardian.co.uk/business/2010/dec/08/allied-irish-banks-pay-bonuses-despite-bailout

Ah I see .................................socialise the losses, that's it.

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wut?

The British gubbimint are going to borrow £7Bn to the lend to the Irish Government.

With AIB becoming nationalised the losses are going from the financial sector to the Irish public sector.

The British taxpayer is therefore funding this in part.

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That is beyond insanity - what is the government in Ireland thinking??

the size of this years bung?

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Is this an Irish joke?

If we don't pay these talented, financial services people what they are worth, we will lose them to countries like Latvia, Hungary and Romania.

Or, even worse, they may become jobless and end up as putting green attendants or bottle-bank managers.

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The politicians in charge must have a death wish for their career prospects.

LOL as if they will ever need to work again! This bailout vote must have been like winning the lottery for a lot of them.

The official unit of currency in Ireland is now the Euro which has replaced the Irish Pound (in the Irish language Punt - pronounced "poont"). However, the REAL until of currency in Ireland is the "brown envelope". This requires some explaining. Ireland has more bureaucracy per head of population than most countries (this is opinion and not backed up by lies, damn lies or statistics). Because of the multi-layered nature of this bureaucratic system, most issues that require handling become caught up ever increasing circles of shuffling and buck passing. This includes issues such as, but not limited to, planning permission, issuing of permits for various purposes and a whole series of other activities which I may not mention for fear on ending up in court. It seems that the only way to extract oneself from the infinite vortex is by waving a brown envelop (filled with cash) at an appropriate section of the bureaucracy Strangely, everybody in Ireland has known about this for many years - nay decades, hence my surprise at the national shock when it was revealed that a former Taoiseach (that's Prime Minister in English) received 8.5 million in hard currency (brown envelopes) over twenty years.

http://www.geoghegan.org/ireland/index.html

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It is a drop in the ocean compared to the bankrupt banks RBS and Lloyds.

the worst storm is entirely made up from drops.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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