Monthly Archives: April 2012

Specifically, do you fancy a 1kg Lindt chocolate bunny worth half the Household Charge? Delivered to your door? Well, we have one to give away.

Just finish this sentence.

I deserve the enormous chocolate bunny because…

Greediest Most deserving entry wins.

Lines close at 3.30pm

UPDATE: Thank you all. Winner selected tomorrow (Thursday) and notified by email.

Every year Lindt raises funds for Temple Street Children’s Hospital with their ‘Make Easter Sweet for Temple Street Campaign’. For 2012, they’re holding a unique auction of gold-plated Lindt bunnies autographed by the likes of Brian O’Driscoll, Colin Farrell, Katie Taylor, Rory McIlroy AND Tubs. Simply click and ‘like’ the Lindt Facebook page here and bid. Every successful bid will not only win the signed bunny but also a Lindt Gold bunny hamper worth over €100. Go on. It’s for a great cauNOMNOMNOM

Irish Permanent’s loans-to-deposits ratio remains 227pc, down from 247pc last year. What this means is that the delinquent management of this bank borrowed so much in the boom to lend out that now — even after three years of contracting — for every €1 deposit the bank holds, it has lent out more than €2.27. For the bank to be viable, it has to get this ratio back to €1 of deposits equal to €1 of lending.

This implies that it has to aggressively cut lending or aggressively increase deposits or a combination of both.

…If the bank gets into a deposit war at a time when there is no demand for loans because people and companies don’t want to borrow, it is toast.

Why? Because its cost of capital is likely to be greater than its return from that capital. That is how you go bust.

 

Our Bailed Out Banks Are In Process Of Going Bust Again (David McWilliams, Irish Independent)