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Thread: "Brian Lenihan was Scared Shitless" "Bonds can Trade While Depositors are Asleep"- "Irish Set Guarantee Terms" (Schauble)

  1. #16
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    Mar 2010
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    Default Re: "Brian Lenihan was Scared Shitless" "Bonds can Trade While Depositors are Asleep"- "Irish Set Guarantee Terms" (Schauble

    Quote Originally Posted by Dr. FIVE View Post
    via Conor McCabe on the banks, did we have this already?

    Letter from Trichet to Lenihan - October 2008

    It was published on the ECB site back in October 2008, it seems. I doubt if anybody outside the Department of Finance noticed at the time, though.
    http://www.ecb.int/ecb/legal/pdf/en_con_2008_44.pdf

  2. #17
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    Default Re: "Brian Lenihan was Scared Shitless" "Bonds can Trade While Depositors are Asleep"- "Irish Set Guarantee Terms" (Schauble

    “ We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act. ”
    — Jean-Paul Sartre

  3. #18
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    Default Re: "Brian Lenihan was Scared Shitless" "Bonds can Trade While Depositors are Asleep"- "Irish Set Guarantee Terms" (Schauble

    Quote Originally Posted by PaddyJoe View Post
    It was published on the ECB site back in October 2008, it seems. I doubt if anybody outside the Department of Finance noticed at the time, though.
    http://www.ecb.int/ecb/legal/pdf/en_con_2008_44.pdf
    Been quoting it over on p.ie for a good while now - particularly FFers trying to rewrite the history of the guarantee to claim it was all done under ECB duress, nothing to do with them. Were people really unaware of it?

  4. #19
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    Default Re: "Brian Lenihan was Scared Shitless" "Bonds can Trade While Depositors are Asleep"- "Irish Set Guarantee Terms" (Schauble

    Quote Originally Posted by ibis View Post
    Been quoting it over on p.ie for a good while now - particularly FFers trying to rewrite the history of the guarantee to claim it was all done under ECB duress, nothing to do with them. Were people really unaware of it?
    I was anyway

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