The Banks want to issue a slap on the wrist to those pesky HedgeFunds! Irish Banks are considering legal action against several hedge funds in the belief that they gave false information about them in order... Continue reading
What are the best mortgage rates? Mortgage Interest Rates explained. What are the best Irish mortgage rates? What are interest rates and where do they come from? These are all good questions and in today’... Continue reading
I (almost) feel sorry for the banks. Making sense of the credit crunch If we are to look at where the subprime crisis came from and where it seems to be going (which is bulls-eye straight into a recession) ... Continue reading
The ECB won’t cut rates? A central bank doing exactly what it should. The Fed is still trying to bail out the US economy, there must be a fundamental belief there that a recession is the worst thing in the... Continue reading
With stocks going down and gold rising fast is it a ‘golden’ opportunity to buy gold? Gold recently surpassed the $1,000 per ounce mark which was (in the past) a kind of financial landmark that would be mentioned along wi... Continue reading
First Time Buyers can’t catch a break First time buyers are being told ‘now is the time to buy’ in the papers. I think it’s time to spell out a few home truths for the prosp... Continue reading
Bear Stearns feels the bear, when in doubt ‘bailout’ Bear Stearns is toast. They have gotten money from the Fed (via) also JP Morgan Chase (who took them over), sorry, I meant 'bailed them... Continue reading
Is London losing its head? There was quite a fuss about the British budget budget yesterday especially because non-domiciled (non-doms) are going to face a 30k st... Continue reading
US fed will inject $200 billion in cash in an effort to end the credit crunch The United States Federal Reserve have announced that they will give a $200 billion dollar cash injection to ease the tensions in the c... Continue reading
Michael Lynn’s house to go on sale today. The home of Michael Lynn the ‘disgraced’ Solicitor is to go on sale today. The interesting thing is that if you rip off the banks you a... Continue reading