{"id":3674,"date":"2018-12-19T12:42:10","date_gmt":"2018-12-19T12:42:10","guid":{"rendered":"http:\/\/seancrowe.ie\/home\/?p=3674"},"modified":"2018-12-19T12:42:10","modified_gmt":"2018-12-19T12:42:10","slug":"anglo-bondholders-rewarded-a-sickening-blow-says-crowe","status":"publish","type":"post","link":"http:\/\/seancrowe.ie\/home\/anglo-bondholders-rewarded-a-sickening-blow-says-crowe\/","title":{"rendered":"Anglo Bondholders Rewarded A Sickening Blow Says Crowe"},"content":{"rendered":"

Anglo Bondholders Rewarded\u00a0A Sickening Blow<\/strong><\/p>\n

Says Crowe<\/strong><\/p>\n

 <\/p>\n

Dublin South West TD Se\u00e1n Crowe has described the\u00a0confirmation that the junior bondholders at Anglo Irish Bank will be paid out huge sums \u201cas sickening\u201d particularly in a week that saw an elderly couple and family being evicted from their home in Roscommon by another bank KBC.<\/p>\n

Crowe said that Irish people bailed out the Anglo Bank at a cost of \u20ac35bn between Anglo and Irish Nationwide and have again been given another financial burden.<\/p>\n

Deputy Se\u00e1n Crowe said:<\/p>\n

\u201cThe payment of hundreds of millions junior bank holders from the now defunct Anglo Irish Bank\u00a0 is a betrayal of the Irish people who bailed out the bank at a cost of \u20ac35bn between Anglo and Irish Nationwide. It is also a sickening blow particularly in a week that saw an elderly couple and their family evicted from their home by another ban KBC<\/p>\n

” \u20ac285m\u00a0 Irish taxpayers money is being paid out to bondholders who gamble that there would be scraps to be made out of the carnage of the banking crash. Now in the week before Christmas they are being rewarded with this windfall by Leo Varadkars government with an early Christmas present.<\/p>\n

“Former Central Bank Governor Patrick Honohan argued against paying these bondholders saying there was no moral argument for doing so. Former Labour leader Joan Burton as T\u00e1naiste went on national radio at the time to deny this would ever happen.<\/p>\n

“The line should have been drawn in 2015 when this was first raised. Instead Fine Gael, aided by Fianna Fail, have carried on as usual and its Irish taxpayers who are again being left to carry the burden<\/p>\n

“Last week, a senior banker at Irish Nationwide was given a minimal penalty for lending recklessly. The ongoing prioritisation of the banks, bankers and vultures goes on and on while mortgage holders and all taxpayers pick up the bill.<\/p>\n

“Fianna F\u00e1il and Greens with connivance of the bankers were the architects of this mess and the vulture speculators are still reaping hundreds of millions of euro in payments while our housing and health services stumbles\u00a0 on from crisis to crisis.<\/p>\n

“Today is another black day in the history of the banking crash and its aftermath. A decade on and once more it is the Irish people losing out and in the Roscommon actually case, getting evicted and\u00a0losing their home, while the bondholders continue to be rewarded.\u201d ENDS<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Anglo Bondholders Rewarded\u00a0A Sickening Blow Says Crowe   Dublin South West TD Se\u00e1n Crowe has described the\u00a0confirmation that the junior bondholders at Anglo Irish Bank will be paid out huge sums \u201cas sickening\u201d particularly in a week that saw an elderly couple and family being evicted from their home in Roscommon by another bank KBC. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[184],"tags":[],"class_list":["post-3674","post","type-post","status-publish","format-standard","hentry","category-banks"],"_links":{"self":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/3674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/comments?post=3674"}],"version-history":[{"count":1,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/3674\/revisions"}],"predecessor-version":[{"id":3675,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/3674\/revisions\/3675"}],"wp:attachment":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/media?parent=3674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/categories?post=3674"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/tags?post=3674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}