It is being reported by Neil Callanan, now at Bloomberg, this evening that NAMA’s Head of Lending, Graham Emmett is to leave the Agency. The news has apparently been confirmed by NAMA’s spokesman, and so marks the third high profile resignation from the Agency in almost as many months. In October 2011, the principal Northern [...]
Archive for January 13th, 2012
NAMA suffers another high profile resignation
Posted in Irish Property, NAMA, Non-Irish property on January 13, 2012 | 17 Comments »
Another NAMA developer declared bankrupt in London – report
Posted in Developers, Irish Property, NAMA, Non-Irish property, Politics on January 13, 2012 | 5 Comments »
Without citing sources, RTE is reporting that Priory Hall developer Thomas McFeely was declared bankrupt in London today. No reference is made to the court which granted the order, and no details are given as to the size of debt or the address of the bankrupt. There is no record presently on the UK Insolvency [...]
NTMA issues results and business review for 2011
Posted in Banks, IMF, Irish economy, NAMA, Politics on January 13, 2012 | 7 Comments »
For those of you wondering what the CEO of the National Treasury Management Agency (NTMA), John C. Corrigan does for his salary of €490,000 plus 80% bonus, you might find some assistance in the NTMA’s “Results and Business Review for 2011” published this morning. In fairness to John, for 2012 he has agreed a 15% [...]
Reliance on central bank funding by Irish banks rises for first time in over six months
Posted in Banks, Irish economy, Politics on January 13, 2012 | 2 Comments »
Figures released by the Central Bank of Ireland (CBI) this morning show that in the month of December 2011, the reliance by Irish banks on central bank funding grew for the first month since June 2011. Overall central bank funding rose from €148.6bn in October 2011 to €151.4bn at the end of November 2011, a [...]
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Recent Posts
- Northern Ireland’s residential property price collapse – the worst in the world?
- Are we recovering?
- NAMA’s report and accounts for Q4,2011
- 30-minute guide to the ESM and Fiscal Compact treaties
- Fiscal Compact referendum – final weekly review
- NAMA in negotiations to build major new office block in central Dublin
- NAMA tackled about its protocols for the disposal of assets amid concern at Cork sale
- Of the Week..
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Recent Comments
JP on Northern Ireland’s residential… Jake Watts on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… gerhard dengler on Are we recovering? Twitter Updates
- @OwenCallan Thanks! How many negatives make for a downgrade, I suppose. An Taoiseach says it *will* be just one more. 1 hour ago
- Northern Ireland’s residential property price collapse – the worst in the world? wp.me/pNlCf-2Es 7 hours ago
- @brianmlucey @declanganley @GTCost The IRL experience is that some patients should be let die. 9 hours ago
- @joehas @declanganley @brianmlucey @GTCost I get the impression it's forcing itself back on the table after Bankia. 9 hours ago
- @declanganley @brianmlucey @GTCost You set up a NAMA to suck out the poison OR hope the patient fends for themselves OR let the patient die 9 hours ago
- @OwenCallan Hi Owen! Has any ratings agency said it *will* downgrade IRL if there is a no vote;All S&P said no wd be credit neg in s-term 11 hours ago
- PIIGS yields mixed;SPN/ITA up at 6.5/5.7% as Bankia gets €19bn bailout; what’s SPN for “cheapest bailout in history” wp.me/PNlCf-19r 15 hours ago
- @YJB57 You never know! Peter Mathews giving a candid assessment of the Compact before Thursday could just be this vote's black swan event. 16 hours ago
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