Pensions or Treason?
CITY OF DUBLIN BANK – ANGLO -ANSBACHER-CITY OF LONDON
HOWARD ROBINSON-HAUGHEY -MICHAEL NOONAN-JOHN BRUTON-BRIAN COWEN-BRIAN LENIHAN-MERILL LYNCH-ALAN DUKES-DENIS O BRIEN-GOLDEN CIRCLE-SIMON DAVIES -TTIP-ANGLO CUSTOMERS-PLAYERS
Anglo was founded in 1964. Originally known as the City of Dublin Bank, one of the bank’s founders was solicitor Howard Robinson, the father-in-law of former President Mary Robinson.
City of Dublin started life as a small deposit-taker and lender. Although its shares were floated on the Irish Stock Exchange as long ago as 1971 it stayed small for the next two decades.
MICHAEL NOONAN-KPMG-Minister negotiated the agreement of various
with
KPMG, A&L Goodbody (“ALG”) and Linklaters.
http://www.finance.gov.ie/…/DOF_IBRC_Progress%20update%20re…
Anglo Irish Bank (was renamed to Irish Bank Resolution Corporation as a merged entity made up of Anglo Irish Bank and INBS). Anglo Irish Bank was founded in 1964 and was originally known as City of Dublin Bank.
I find it odd that here certainly was an Ansbacher and Co (85 Merrion Square; 52 Lower Lesson St) in Ireland in the 1950s, and it was acquired in 1996 by Anglo Irish Bank (later approved in 2000 by Charlie McCreevy). But does that mean that by the mid 1980s there were, for some time at least, two banks operating in Ireland, one called Ansbacher Limited, and the other called Ansbacher Bankers Limited?
The address of Ansbacher Bankers is now listed as the same address as Anglo Irish Bank, according to the CRO.
MR.HAUGHEY.
“The tribunal heard also of the stg£100,000 payment made to Charles Haughey in September 1994. It was transferred on September 20 and involved a payment by Anesia Etablissement, Banque Scandinave, Geneva. It was in favour of Henry Ansbacher and Company for further credit to Cayman International Bank Trust Company and to the Royal Bank of Scotland in London.
Another payment of stg£25,000 was also made for the benefit of Mr Haughey on October 28, 1996 being paid through the Anglo Irish Bank Corporation in the Isle of Man to the Royal Bank of Scotland in Jersey for the account of AIB (Channel Islands).
MR.BRUTON.
CENTRAL BANK ACT (APPROVAL OF SCHEME OF ANGLO IRISH BANK LIMITED AND CITY OF DUBLIN BANK plc) ORDER, 1986. S.I. No. 385/1986:
S.I. No. 385/1986:
NOW I, JOHN BRUTON, Minister for Finance, after consultation with the Central Bank of Ireland, and, in respect of paragraphs 4 to 8 of this Order, at the request of the Transferor and the Transferee, hereby, in exercise of the powers conferred on me by section 33 of the Central Bank Act, 1971 (No. 24 of 1971), order as follows:
BRIAN COWEN -BRIAN LENIHAN
On 16 January 2009, the then Taoiseach Brian Cowen stated that it was “business as usual” at Anglo Irish Bank, and people should be reassured that the bank is solvent.[10] Between June and September 2009, the Minister for Finance provided €4 billion in capital. In a statement on 30 March 2010, a day before Anglo Irish Bank reported its financial results, the Minister Of Finance, Brian Lenihan, announced an injection of €8.3 billion into the bank, noting that a further €10 billion may be required at a later stage to cover future losses and ensure an adequate capital base.
MERILL LYNCH-ALAN DUKES
• 2009 – Merrill Lynch, after receiving a fee of over US$11 million, said that the bank was “financially sound”, 11 days before nationalisation.[46]
• 2009 – The Irish Government nationalised Anglo Irish Bank at which point the Irish Stock Exchange and the London Stock Exchange delisted the bank. On 19 January the Board of Directors resigned to allow the Government to appoint a new board.
• 7 September 2009 – Mike Aynsley appointed as new Group Chief Executive.[47]
• 2010 – Alan Dukes appointed chairman
Anglo Irish Bank Loan Customers
Richard Nesbitt (Arnotts department store), Racing Post, Topaz (fuel retailer), TV3, Denis O’Brien, Paddy McKillen, Applegreen (Petrogas)[3] Joe O’Reilly, Bernard McNamara, Sean Quinn, Sean FitzPatrick,Shane Filan & Finbarr Filan (Shafin Developments), Derek Quinlan, Gerry Gannon, Joe O’Reilly, Michael O’Flynn (O’Flynn Construction), Paddy Kelly, Sean Mulryan, Richard Barrett & Johnny Ronan(Treasury Holdings), Gay Byrne, Davy Stockbroker, Meir Gurvitz, Ronan O’Gara, Duncan Bannatyne, Hickey’s Pharmacies, John Sweeney (Shelbourne Hotel), Bernard Doyle, Jerry O’Reilly, David Courtney,Keith Wood, Liam McCaffrey, John Magnier, JP McManus, David Drumm, Lar Bradshaw, Fintan Drury and Tiarnan O’Mahoney, Brian O’Donnell, Barney Eastwood, Ellis Short, Paul McGuinness, Sean O’Driscoll, Larry Goodman, Anthony O’Reilly, Richard Caring.
Who was who: The key players in the Irish Banking Crisis
Politicians
Bertie Ahern Taoiseach to 2008
Charlie McCreevy (reportedly in touch with meetings on Bank Guarantee night)
Brian Cowen,Taoiseach from 2008, Minister for Finance to then (at Bank Guarantee night)
Brian Lenihan, Minister for Finance(at Bank Guarantee night)
other Cabinet Ministers (rung about the Guarantee in the early hours of 30th September – Guarantee night: also discussed and reportedly approved in principle a Guarantee the day before in a Cabinet meeting)
Micheál Martin
Mary Hanafin
Eamon Ryan
John Gormley
“Smith and others”
Civil Servants
William Beausang Department of Finance civil servant working to Kevin Cardiff (reported there at Bank Guarantee night)
Michael Manley D o F
Ciara Lonergan D o F
John Hurley, Governor of the Central Bank (reported there at Bank Guarantee night)
Con Horan, Prudential Director in charge of bank regulation under Patrick Neary, now seconded to work with the European Banking Authority (EBA) in April.
That’s the the new EU body for banking supervision which is in charge of the European banks stress tests in progress at the moment.
You really, really couldn’t make it up……
Tony Grimes Director General of the Central Bank
Pat Neary, Financial Regulator (reported there at Bank Guarantee night)
Kevin Cardiff, Dept of Finance (reported there at Bank Guarantee night)
Ann Nolan “Most senior banking official in Department of Finance.” Liaison between DoF and Anglo Irish –http://www.politicalworld.org/showthread.php…
John O’Connor
Marie Mackle (internal “contrarian”)
http://www.independent.ie/…/whistleblowers-dire-warnings-si…
Robert Pye (internal “contrarian”)
Peter “The Prof” Clinch: Special Adviser to Cowen: an environmental planner (reported there at BG night)
Joe Lennon, Special Adviser to Cowen (reported there at BG night)
Government press secretary Eoghan O Neachtain, (reported there at BG night)
Paul Gallagher, Attorney General, (reported there at BG night)
Consultants
Henrietta Baldock – Merrill Lynch (based in London, advisor on Guarantee – sent email into Guarantee Night meeting)
Merrill had been a lead underwriter of Anglo Irish’s bonds and the corporate broker to A.I.B.: they’d earned huge sums of money off the growth of Irish banking. Moments after Phil Ingram hit the Send button on his report, the Irish banks called their Merrill Lynch bankers and threatened to take their business elsewhere. They took part in back to back loans with Anglo Irish shortly before they (ML) went bust and were taken over.
Peter Sutherland – Goldman Sachs: not employed by Government, but consulting to them in September. (Paid by Irish Nationwide?)
Arthur Cox Solicitors – Multiple roles in legal/financial advice.http://www.villagemagazine.ie/index.php/2012/04/1630/
Fintan Drury
Alan Gray
Bankers
Seán FitzPatrick, Chairman, Anglo
David Drumm, Chief executive, Anglo
http://www.independent.ie/…/david-drumm-he-failed-to-sit-th…
Tiarnan O’Mahoney, Anglo Irish Chief Operations Manager to 2005
Tony O’Brien, former Chair of Anglo Irish, was appointed Chair of the Review Body on Higher Remuneration, which set politicians and higher grade public servants pay. He was also former chairman of CRH (out of which the FF aliged Ansbacher Bank was run) and former president of IBEC.
Gillian Bowler, Chairwoman, IL&P
John Bowe Anglo Irish Bank executive
Peter Fitzgerald Anglo Irish Bank executive
Dermot Gleeson, Chairman, AIB (at Guarantee night meeting)
Eugene Sheehy, Chief executive, AIB (at Guarantee night meeting)
Richard Burrows, Chairman, BoI (at Guarantee night meeting)
Brian Goggin, Chief executive, BoI (at Guarantee night meeting)
Oligarchs and Others
Dermot Desmond (reportedly in touch with the meetings on Bank Guarantee night)
Denis O’Brien ( reportedly in touch with the meetings on Bank Guarantee night)
Peter Sutherland
JP Magner
Economists
David McWilliams
Philip Lane
Morgan Kelly
Alan Gray, Indecon (close friend of Brian Cowen)
Frequently encountered terms:
Back to back loans
The Maple 10
The Green Jersey
Contracts for Difference
Domestic Standing Group for Financial Stability (DSG)
Liquidity (skint)
Insolvency (bust)
ELA – European Liquidity Assistance
Main Government Reports
Regling and Watson, Preliminary Report into the causes of the systemic banking crisis in Ireland March 2009
http://www.bankinginquiry.gov.ie/Preliminary%20Report%20int…% 20Crisis%2031%20May%202010.pdf
Michael Honohan, Governor of Bank of Ireland – the Banking Crisis, May 2010.
MAGIC CIRCLE
Linklaters LLP is a multinational law firm headquartered in London, United Kingdom. It was founded in 1838 and is a member of theMagic Circle of elite British law firms. It currently employs over 2,000 lawyers across 29 offices in 20 countries.[1]
In 2015, Linklaters achieved revenues of £1.27 billion ($2.15 billion) and profits per equity partner of £1.42 million ($2.38 million),[2]making it the world’s fourth highest-grossing law firm,[3] and the most profitable member of the Magic Circle.[4] In the UK, the firm has top-tier rankings across many practice areas, including corporate/M&A, capital markets, banking and finance.[5][6] Linklaters counts more FTSE 100 companies among its clients than any other law firm.[7] In the 2012 Global Elite Brand Index, Linklaters was named the third strongest global law firm brand.[8]
Simon Davies has been the firm’s managing partner since January 2008 (born 1967) is a British lawyer and businessman.[1] He was appointed as the youngest ever Firmwide Managing Partner at Linklaters in 2008.[2][3] In 2016, he will be moving to Lloyds Banking Group to become the Chief People, Legal and Strategy Officer and a member of the Group’s Executive Committee.[
TheCityUK is a private-sector association and industry lobby group promoting the financial and professional services industry of the United Kingdom (UK). The City refers to theCity of London, one of the world’s centres of banking, finance and markets. It supersedes both the International Financial Services London (IFSL) and UKTI’s Financial Services Sector Advisory Board (FSSAB), which were incorporated into TheCityUK.
The association focuses on three main areas:
• Overseas promotion – it promotes the UK overseas as a world class centre for financial and related professional services.
• Domestic promotion – it encourages greater understanding of, and support for, the financial services industry in the UK.
• Regulation and trade – it supports industry efforts to work with government and regulators, to ensure that regulatory developments and trade policy foster free and open markets for the UK’s financial services industry.
It also conducts primary research among members, businesses and consumers about relevant financial and professional services issues and produces a range of authoritative economic reports on industry sectors, products, and key financial indicators.
brianmc10 