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You are editing an old version: By Anonymous at 2012-04-16 12:16:36
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In lookin at the prtoucrion within the banks, facilitated by a deliberate lowering of the regulatory barrier you have to understand that what has happened in Ireland is happening also in Germany and Italy.The IFSC hosts a number of major banks who have used the IFSC and banking secerecy laws in Austria to gamble massively on derivatives which they wouldn't have been allowed to do in their own home jurisdictions.German banks flew in people to operate from a desk in the IFSC when pulling the sort of gambles that on CDO's that Quinn was doing in Anglo-Irish.Mrs Merkel in Germany has had to pour taxpayers money into Hypo in Germany and the German government is covering up the holes in the German banking system in the same way that Comical Lennie and Cowen have done in Ireland and lumping the bill on their taxpayers. Why?Because any investigation in Ireland, Germany, Italy or Austria will reveal just how much the regulators and politicians in each jurisdiction were complicit in lowering the regulatory barriers to enable this to happen.In Ireland one Bertie Ahern deliberately stacked any regulatory body with FF loyal monkeys ( Good man yourself Willie'- Patrick Neary) and deliberately made sure that regulators had no chance of catching the bankers at the gambling.This is where the huge Anglo debts and the subsequent madness with buying sub-prime mortgage packages came from.Without the IFSC and the deliberate lowering of the regulatory barriers Irish taxpayer's money woul not be being poured into a corrupt and fraudulent balance sheet at Anglo.The deliberate misuse of the IFSC can be traced right back to Ahern and Co. And Cowen and Lenihan and co know damn well that if this all comes out then many friends of FF and FF itself will be burned.Remember that when the minimum wage is lowered to help the banks'. Remember that when Lennie tells you that Anglo is systemic'. Sean Fitzpatrick knows all this. Know you know why he's smiling all the time because the criminal bankers have the politicans by the balls as the politicians can't afford to have all this investigated.Sean Fitzpatrick sold the Austrian branch of Anglo as almost his last major move at Anglo before resigning. A profitable subsidiary and the papers wondered why. Because that banks records contain evidence that would burn bankers, politicians and certain Insurance magnates' in Ireland.That is what lies behind the pouring of a 3rd of Ireland's GDP into bent banks.
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