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  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.
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  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home/asymptot/public_html/modules/views/modules/node/views_handler_filter_node_status.inc on line 14.
  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home/asymptot/public_html/modules/views/plugins/views_plugin_style_default.inc on line 25.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home/asymptot/public_html/modules/views/plugins/views_plugin_row.inc on line 135.
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  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.

Ireland - Luxembourg: AIB sues six senior executives over sale of services subsidiary

Irish Times and Reuters report: six senior AIB executives secretly and systematically colluded in preparing and executing a premeditated strategy to undermine and damage the bank’s international financial services business for their own gain, the High Court heard yesterday. Michael McDowell SC, for AIB, told Mr Justice Barry White that following an internal investigation the bank had been shocked at the conduct of the six top managers. The court ordered the six managers to preserve all documents and computer records pending the full trial of the proceedings.

European Commission: DG Competition State Aid Decisions 12th May 2009: Bank Re-Capitalisations

The European Commission announced some important decisions yesterday in regard to its process of investigating the Bank re-capitalisation schemes of the member states under state aid rules. The speech of the commissioner (Neelie Kroes) gives some context to the framework within which the Directorate General Competition is operating and the thinking behind the process, it is interesting. Below we itemise the decisions.

Dublin roundup - its awful

Anglo seizes assets of Kelly company
http://www.sbpost.ie/post/pages/p/story.aspx-qqqt=IRELAND-qqqm=news-qqqid=41515-qqqx=1.asp

CLEAR-OUT @ Allied Irish Banks NEARLY COMPLETE
Sheehy takes with him longstanding AIB chairman Dermot Gleeson and finance director John O’Donnell, leaving a sizeable power vacuum at the top that will be filled, for the time being, by new chairman Dan O’Connor, a respected former senior executive with finance giant GE Capital - and a potential replacement as chief executive. O’Connor was once touted as a potential chief executive at Bank of Ireland.

The departure of AIB’s top triumvirate will satisfy those who had called for heads, but will do little to solve AIB’s mounting problems which, in any event, have increasingly become a matter for the Department of Finance, since the bank was wrapped in the cotton wool of the government guarantee scheme last September.
http://www.thepost.ie/post/pages/p/story.aspx-qqqt=NEWS+FEATURES-qqqm=nav-qqqid=41492-qqqx=1.asp

Allied Irish Banks, p.l.c. Capital Update

Picasso Moment of TruthNO COMMENT !!! (Well we held off for 15 mintes)

 

Allied Irish Banks, p.l.c. Capital Update

20th April 2009
07:05

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