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shaggy- wild 2nite...
shaggy- luv me, luv me...
shaggy- angel...
uncle kracker- memphis soul song...
uncle kracker- drift away...
uncle kracker- follow me...
AIB,IRE, keep watch on these 2 irish banks. The reforms will begin within weeks and “will mark an end to a sorry chapter in Irish banking history,” Ireland’s Cowen Plans Overhaul of Banking Regulation
By Louisa Nesbitt
March 1 (Bloomberg) -- Ireland plans to create a new commission for banking regulation, seeking to end what Prime Minister Brian Cowen said has been a “sorry chapter” for the nation’s lenders.
“There will be radical reform of the system,” Cowen said late yesterday at the annual conference of his ruling Fianna Fail party in Dublin. The Central Banking Commission “will have new powers for ensuring the financial health, stability and supervision of the banking and financial sector.”
Ireland’s banks have been battered by the global credit crisis and face rising bad debts as the domestic property market slumps. At the same time, a series of scandals that have led to resignations across the industry have marred the sector’s reputation.
The government has promised a 7 billion-euro ($8.9 billion) bailout to Bank of Ireland Plc and Allied Irish Banks Plc, the two biggest Irish lenders, and has nationalized a third, Anglo Irish Bank Corp. Police this past week searched Anglo’s offices as part of an investigation by the country’s corporate enforcement agency.
The commission will incorporate the responsibilities of the central bank and the financial regulator, Cowen said in the speech, which was received by e-mail. The reforms will begin within weeks and “will mark an end to a sorry chapter in Irish banking history,” he said.
Canadian Model
The commission will be similar to the model used in Canada, where banks have avoided government bailouts and have had a fraction of the debt-related writedowns recorded globally. Bank of Nova Scotia Chief Executive Officer Richard Waugh earlier this week said Canada’s model is “worth careful consideration” when looking at “ways to improve the global financial sector.”
As he battles to save the nation’s banks, Cowen is also grappling with a soaring budget deficit, the threat of a credit rating downgrade and public anger over proposed tax increases. Ireland’s economy is shrinking at the fastest pace in the euro area and more than 100,000 people marched in Dublin last week against government budget plans.
The government aims to “restore balance” to the public finances by 2013 through a combination of higher taxes and increased spending cuts, Cowen said. Ireland budgeted for 55 billion euros in spending this year and expects to raise a maximum of 37 billion euros from taxes, leaving a shortfall of 18 billion euros.
“Obviously those who have done well through the good times will have to pay more,” Cowen said in an interview with Irish state broadcaster RTE radio today. “Those who have to bear most are those who can bear it best.”
To contact the reporter on this story: Louisa Nesbitt at lnesbitt@bloomberg.net
ok my friend, good luck.
uh,why? looks as if it never has any volume. u gonna sell it back to urself???
should have a few good bounces, hopefully
SKF= + 40 today maybe, or more
PUBGRIFF100LIC. there ya go, your name, spelled out IN public! haaa!
= short all gap ups this morn! haaa!
frpt, thanks for today, more tomorrow. 8^)
DXO, out @ 2.45 from 1.76 last week, wash,rinse,repeat,lol
so, does that mean u don't wanna buy mine? lol
hmmm, looking at an old acct. and see i still have 2.5 mil of this wonderful stock. guess it can't go down any further, or can it? anybody wanna give me .0002 for it? haaa!
FRPT chart turning up again now.
r u ready for the revolution? check swhc and rgr out. somebody buying guns. lol
arrrrrrrrrrr
no, to go back down,lol
i got a hearing aid today, sure sign i'm getin old huh? lol
thats later, lol
almost 10pm. we eat late and go to bed, to sleep, around 2-3 am
she just fed me dinner, can't wait for my desert! haa!
and really bad girls are SMOOOOOOOOOOOOOOOVE! HAAA!
existing home sales tomorrow, i have a few builders on my screens up today, HMMMMMMMMMMM, LOL
i guess we don't use the same banks? halifax and abbey? could be just here in london maybe???
here in the UK most banks will only let you withdraw 2-£3oo per day. if you need more, you have to order it and wait 4 days to get it. from what i understand it has been like that for a couple years now. unreal huh?
CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC!!!!!!!!!!!!!!!!!!!
rbs, royal bank of scottland to split into 2 units.
things lookin good here across the water, banks are jumping, at open anyway. lol
a RUN on UK currency??? it would be more like a trot, since every bank here that i deal with has a daily limit of how much you can withdraw per day. the average amount a person here can withdraw is around £300 per day. if you need more you have to let them know 4-5 days in advance. that would be an awful slow run!!!
thank you, thats the best laugh i had all day, next to watching my wfc 2500 shares go from 9 where i bought to 11.13 where i sold, haaa!
ANDS, from 1.50 to 7.91 now, since jan 1st. only 7 down days since the 1st of year. wow! every day i watch it go up and still no buys on it,haa!
mmmmm, uh, earnings next week on monday? were there any? could see .25 again.
triple bottom,haaaa!
UK banks, rbs and bcs, should survive, no nationalization...
BREAKING NEWS!!!!!
my first wife had a double bottom, i traded her for one that didn't. HAAAAAAAAAAA!