Ireland Bailout

[Angry Cat]

Re: Ireland Bailout

Is there no such thing as irresponsible borrowing?

irresponsible lending by banks, but it's equally a reflection of irresponsible borrowing by businesses ...

[The Debt Star]

Re: Ireland Bailout

Actually its all ed's fault ban him

[Angry Cat]

Re: Ireland Bailout

EU have agreed to the bail out, cost 85 billion euros.

Astonishing; where is the money coming from!?

And, at the end of the day, who will eventually have to bear the cost of yet another Bank bail out...

[Sapphire]

Re: Ireland Bailout

Well lets hope and pray none of the money is used to pay out bonuses to the prats who have caused the trouble.

[Angry Cat]

Re: Ireland Bailout

EU have agreed to the bail out, cost 85 billion euros.

Astonishing; where is the money coming from!?

And, at the end of the day, who will eventually have to bear the cost of yet another Bank bail out...

Equates to: £72 Billion GBP!!!

[Angry Cat]

Re: Ireland Bailout

Well lets hope and pray none of the money is used to pay out bonuses to the prats who have caused the trouble.

Well, we ALL know what happened in the case of, RBS and Fred Goodwin:

"the shamed banker resigned after RBS announced (Feb. 2009) that its 2008 loss totalled £24.1 billion and he played a major role in bringing the 'city' to its knees..."

History often repeats itself...the tax payer ends up paying for the 'Banks' reckless, irresponsible lending; casino gambling.

[pompeyfaith]

Re: Ireland Bailout

One think is for sure I would not want to be David Cameron right now as he is in for a lot of stick in these coming weeks no doubt.