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Archive for the ‘William McAteer’ Category

Nationalized Anglo Irish Bank is gorging on you money!

 

Nationalized Anglo Irish Bank

Which will receive more capital from the Irish Taxpayers in the coming weeks, and after reporting the highest ever losses in Irish corporate history,

This den of corruption and Black hole of the Irish economy has awarded pay increases to 70 staff.

Yes again awarded pay increases”

Salary increases have been paid to 40 of the bank’s 800 staff in Ireland, 20 out of 370 staff in the UK and 10 out of 80 staff in the US where the employees’ jobs have changed following the voluntary redundancy plan under which 230 staff left the bank.

Newly promoted Minister for Community, Equality and Gaeltacht Affairs Pat Carey


Last night defended the pay award.

The increase concerned a small number of non-senior specialist staff in England that had been recruited on a contract basis,

Anglo is expected to post losses of almost €12 billion for the 15 months to December 31st, 2009

http://www.rte.ie/news/2010/0318/primetime_av.html

Next week when the bank releases financial results for the first time since May 2009. Losses on bad loans amounting to about €14 billion mean that Anglo will report the highest losses ever reported by an Irish company

These Crooks must go to Jail and if they don’t there will be blood on the streets

Second ex-boss at Anglo Irish bank is arrested

 
 


This Former Finance Director and Chief Risk Officer William McAteer was arrested on Wednesday at 0630 GMT.

He is being detained under Section 4 of the Criminal Justice Act at Irishtown Garda Station in Dublin.

This comes after last week’s arrest of the bank’s former chairman Sean FitzPatrick about alleged financial irregularities.

Mr McAteer resigned as financial director at the bank in January 2009.

Chairman, Mr FitzPatrick, stepped down in December 2008 after he had concealed millions of euros in personal loans He hid the loans from shareholders by temporarily transferring them to another bank before each year-end to avoid revealing them in the accounts.

 

 Taoiseach’s office

Aside from the concealment of directors’ loans, other scandals to afflict the bank included a scheme to allegedly give artificial support to the bank’s share price and the recording of a huge loan from another bank as a customer deposit.

Two weeks ago, Mr FitzPatrick told the bank he could not repay 70m euros (£63m) he owes in unpaid loans.

As a result, the bank has started legal action against him in an attempt to recover the debt.

This arrest is long overdue and really is just a sham at this stage, as the corrupt boys have had ample time to hide all the bodies and with links going all the way up to the

We the public are just been screwed all over again .

Over the wires I now here that the staff of Anglo Irish Bank are going to get a pay rise.

Unbelievable!

with the dole been cut , hospitals beds being cut musical chairs at the cabinet office what else will we the public put up with before we take to the streets and take our revenge on the gangsters that are running the country as if it was their personal property
For god sake get up and take the fight for our own futures to the streets

We need to take affirmative action who’s with me??

 

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