Irish banks, caught in the perfect funding storm Irish banks are caught in a perfect storm of funding costs versus lending costs which spells bad value for consumers. This is clearly s... Continue reading
CLO’s: Collateralized Loan Obligations Paddy Hirsch of MarketPlace is back talking about CLO's and the way in which a capital structure is on the back end of the securitizati... Continue reading
Flow of Funds 1979 – 2009 The Federal Reserve released their Flow of Funds report recently (btw: for people using twitter @capflowwatch is a guy who blogs on thi... Continue reading
Greece and the IMF The news this morning that the IMF may be the answer to the fiscal woes of Greece is not good news for the Euro (although Ireland indiv... Continue reading
Just who is getting the mortgages? Caroline Madden wrote an article in today's Irish Times 'Just who is getting the mortgages?'. It is a question that begs answers, at fi... Continue reading
Sunday Times: Beat the Zombie Banks The Sunday Times had an interesting article by Niall Brady which was pointing out the arbitrage that the consumer could have between re... Continue reading
Murray Rothbard: ‘Money & Government’ This is a video of a Murray Rothbard lecture from 1984, he was a believer in the freedom of the production of money and a fairly extrem... Continue reading
Are banks lending? A highly debated element of the recapitalisations to date and the NAMA debate have to do with credit flow, that if banks are given mone... Continue reading
The PRTB (Private Residential Tenancies Board) If you rent a property which is covered by the Residential Tenancies Act 2004 then you must register a tenancy with the PRTB, if you ge... Continue reading