Anglo Irish Bank.

the bigger scandal is that the government that oversaw this mess are still in power, saying "we are where we are".

whats more, part of the reason they lent so recklessly is that they were told in the FF tent ingalway, Bertie will get this sorted, no risk.

Maybe Seanie and the boys should be put up in Council houses!!

Directors and former Directors of Anglo-Irish owe the Bank 157 million .Of this Fitzpatrick owes 80 million . The Bank have made provision already to write off 109 million of this . Truly amazing . This while unemployed people in negative equity are been pursued for every cent . Revolution on the agenda?.

It really is amazing that they just write this off. Everyone else with a loan or home loan will be pursued fully. You hear cases of people been taken to court over small sums when these shower of corrupt cunnts just get to walk away. We should be like the us and jail these animals. However the political party of the day (FF) are in bed with these animals and are a shower of cunnts themselves. FG are no better really.

it really couldn't get more scandalous. i'm no lefties public sector type, but i can see why i'd be angry if they cut my pay to make up for seanie's loan write down. and not only that, they do it without any hesitation. anglo needs another 10bill. no problem, here's a cheque. trying to get 1k out of them for a community centre would be like pulling hens teeth.

Is it say to say that this whole mess could be laid at the feet of 500 people? Give or take. Madness.

i would guess lees than that down

nuke them all imo!!

WE ARE NOT FCUKIN AMERICA

gangsters the lot of them

500 people, you must be joking. i nearly no that many who speculated on property which was massively over valued. we had people here who were camping out the night before so they could get on this property madness. it's no wonder developers were building as fast as they could when they had so many clowns to rob. and this generation are supposed to be the best educated we have ever had, god help us in the years ahead. our grand parents and grand parents who had no education wouldn't have been so nieve even though they never went to school.

great grey - I'm not talking about the small fry that got suckered into thinking they were property developers, i'm on about the real big players, the likes of these Bank Exec's, B McNamara, Quinns etc.

a lot of money came across to the UK - came across some operators myself who were totally $hite at it but it didn't stop them charging round buying up sites and making a total**of it.

i'm not talking about property developers , i am talking about people eho bought houses. the big worry now is that these banks could need more billions in the next couple of years as property prices are still massively over valued as interest rates can only go up.

I hear the opposition saying that the whole thing will cost 75billion

75 Billion, thats some price to pay for the hangover from the celtic tiger

people who queued up to buy over valued houses are just f**ked, they still have to pay the money back, and it just means they can never move house. However the 500 (or less) people are the ones who lent excessively to a small group of political cronies who they met at the galway races. seanie lent himself 80 mill. he's just not paying it back, so the tax payer has top step in.

I find it quite incredible that Brian Lenihan has appointed Sean Fitzpatrick to the Nama advisory board. Being April fools day I obviously thought that this was some sort of sick joke, but to my astonishment, it is not.