-
October 29th, 2008
Brains to the left as we seek economic salvation
What makes a good leader in a crisis? In difficult times, what are the personal and intellectual characteristics that elevate the mere mortal to the position of a giant? When facing disaster, what is it in human nature that inflates some people and gives them the ability to take the right decisions when everyone else is losing the head?
-
October 26th, 2008
When opportunity knocks
The current market instability could create lucrative chances for those willing to take a risk.
Because of the panic that has gripped the markets, the next few months will probably be the most profitable opportunity to make money in this generation. But you’d hardly think so by listening to the mainstream commentary in Ireland.
-
October 22nd, 2008
Breakfast Roll Man is in need of a second chance
Today, Breakfast Roll Man is looking at his ghost estate. Not one sold. The three auctioneers don’t return his calls. Nothing is working.
-
October 19th, 2008
Bank guarantee will mean survival of the weakest
By inserting a clause which ties the fortunes of our biggest banks to those far more susceptible to financial ruin, the government has erred – with potentially catastrophic results.
-
October 15th, 2008
Don’t bank on the banks: check the balance sheets before forcing mergers
The budget strategy of our country is now more than ever dependent on what happens next to our banking system. As has been apparent to anyone who cared to look over the past 10 years, the buoyancy of our tax revenues was uniquely related to the deluge of cheap credit; money flowed in, banks lent recklessly, tax revenues rose, the government budget went effortlessly into surplus, spending increased opportunistically to catch up with this abundance of funds in the State’s coffers and, not surprisingly, the national debt went down.
-
October 15th, 2008
Paul Krugman
Winner of the Nobel prize in Economics, Paul Krugman was interviewed by David in November 2001.
The interview is interesting not only because of Paul Krugman’s recent Nobel prize, but it also discusses recessions, a topic of current interest.
Runtime: 08:32, size: 28MB -
October 12th, 2008
Breaking the vicious circle
The solution to getting the world’s economies moving again is to turn cash, which is still out there, back into workable credit.
-
October 9th, 2008
Leviathan: US Presidential Election Special
LEVIATHAN : POLITICAL CABARET
US PRESIDENTIAL ELECTION SPECIAL
8 PM ’til LATE
TUESDAY, NOVEMBER 4TH
THE BUTTON FACTORY,
TEMPLE BAR, DUBLIN
It’s a campaign that has captured the attention and imagination of people across the globe like never before.
It’s a campaign that has been the most intensely analysed, scrutinised and satirised in living memory.
It’s a campaign whose historical climax on November [...] -
October 8th, 2008
Banking crisis is a case for ‘The Untouchables’
IN Brian de Palma’s classic film ‘The Untouchables’, Elliot Ness, played by Kevin Costner, gathers around him a team of incorruptible police officers, hardened by years of crime fighting, to take on the power of the mob. The real-life hero behind the move was an old, street-wise Irish-American cop, Jimmy Malone, played by Sean Connery. The term “Untouchables” describes this particular group of men who were straight, above the temptation of both bribery and flattery and, as a result, were the only type of men capable of infiltrating the mob.
-
October 5th, 2008
Time for phase two, Minister
Ten years ago, while working in Moscow, I witnessed the collapse of the Russian banking system. I saw desperate people queuing outside main street banks. I witnessed investors losing all their wealth and I experienced what it was like to live in a society that was on the verge of psychological, as well as financial, collapse. We were a whisker away from that last week.
-
October 1st, 2008
Lenihan’s masterstroke has bought us time to sort out our own problems
We are not out of the woods by any stretch of the imagination. Indeed, some Irish banks have been so recklessly managed they hardly deserve to be covered by the guarantee.
Comments