Saturday, October 19, 2013

The Irish Banking Revolution

Thanks to Riana, Mac Domhnaill and G.D. for keeping
 me informed of what's going on in Ireland. -Bill

Published on Oct 16, 2013
If you are genuine and need help, its available.

Billions given unlawfully to insolvent banks, court hears
Joan Collins is challenging the Government’s promissory note payments

Promissory notes ‘unusual’ but not unlawful, court told
Senior official with Department of Finance gives evidence

A senior official with the Department of Finance has told the High Court that promissory notes issued in 2010 by the Minister for Finance to recapitalise Anglo Irish Bank and other institutions for some €31 billion were “unusual” instruments but not unlawful.

Ann Nolan, second secretary in the department, said it was the view of the department in 2010 that it was necessary to provide unconditional financial support to the relevant banks.

Ireland does not treat even gross negligence in the management of major institutions or companies as criminal activity, Mr Justice Frank Clarke of the Supreme Court has said.

1 comment:

  1. It's time to do the same here! We must unite as one people to go against the federal reserve and all their minions. It's time for economic freedom


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