David was on last Tuesdays (16/12/2008) Prime Time programme on RTE1 alongside Brendan Keenan of Independent Newspapers and Mark Fielding of ISME.
The clip can be viewed here
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The site will be opening a forum to discuss your ideas on what can be done to get Ireland out of the economic doldrums in Jan 2009 – watch out for announcements on the site.
With the collapse of the bank shares and the fact that the Government cant allow the banks to fail after providing a guarantee back in September why should we not buy these cheap shares knowing that they have to survive?
Hi David, you made your points well on prime time, as did Brendan Keenan. It would be good to see yourself, Brendan and Brian Lenihan debate the situation for an hour on a future programme. Liam Kelly > why should we not buy these cheap shares Yes, it is possible to buy 100% of the banks for less than the 10b by buying the shares direct. The government doesnt want them 100% though. Also, I’m not sure if there are EU competition and ‘unfair’ government support issues involved. I’ve heard that there have been some rumblings in EU quarters that… Read more »
“The site will be opening a forum to discuss your ideas on what can be done to get Ireland out of the economic doldrums in Jan 2009 – watch out for announcements on the site.” @ David: – You are doing what the brightest and best of any nation should be doing. This is real shoulder to the wheel stuff. Which funnily enough, so is Declan Ganley. Is he right or wrong? Is David? we’ll be told, oh these mouthpieces have no mandate but we all know that they have. Its the 5-yearly limited democracy that has NO mandate. Isn’t… Read more »
It’s really hotting up now. I’d say if David wanted his own “recession channel” on the TV he’d find backers. The smart money is financial armageddon right now :) Has it occured to anyone that some of the resignations at ANIB have only modest association with Seanie’s 87 million loan and even more to do with the likelihood that many executives will be ignominiously forced out over the next few months? Either by the government or new investors. AFAIK it’s common for banks to lend to staff at interest rates below what’s generally available in the high street. Although the… Read more »