A real-time analysis.
Ireland-born, Chicago-based medical doctor Joseph Sheehan conducts a ‘biopsy’ of a loan from Anglo Irish Bank taken out in 2006 and “still in existence”.
‘Mark Felt’ writes:
Interesting analysis of the Irish Banking crisis & powerful argument on the separation of loans from assets by the Central Bank. Will cause some chaos if correct! Comments?
Anyone?
Meanwhile…
This surely merits scrutiny – is he wrong in what he says, the separation of security from loans and all he implies, @GTCost @WhelanKarl @brianmlucey @seamuscoffey? Because if he's not, then there are questions here for the @ecb @centralbank_ie and all the way to @Paschald.
— Diarmuid O'Flynn (@ballyhea14) April 10, 2019
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de fundamentals are sound..
Not sure this can be called “real time analysis” – it’s only 14 mins long!
It sounds very convincing, but I have no clue. I’d like to hear an expert view.
I’ll have a look at it later as its 14 mins. Jaysus the audio quality is awful, I need headphones for that.
Utter poo