everybody knows wrote:
Bad and all as Fitzpatrick and his ilk are, there's a bad taste left in my mouth which is that back during the two bubbles of 1995-2002 and 2002-2007 (especially during the second bubble), he was held up as a hero. So many of those of the Irish Establishment now sitting quietly, doing their day to day work, sometimes speaking as judge and executioner of the likes of Seanie and his ilk, are the very same people who regarded Seanie and all he stood for as "the good". Now, they swing around to regard him as "the bad". Most of the general public are implicated in this dynamic, too. There's something so very Orwellian, totalitarian, institutional about it all. Also, so much of it is for show, for public consumption, a masquerade of so called "justice" and "democracy" in action. Shadows on a cave wall
. There is so much more reality behind what we're given to see.
Seanie and his mates in Anglo do have mouths . Sean Quinn also has one .
How do you mean? Are you talking about the fact that they may "rat out" other members of our establishment and/or its institutions? If so, I'd point out that it looks like they're only going to charge them with collusion to prop up the share price or similar. Once all the extenuating circumstances are taken account of, I'd be surprised if any of them serve more than a year in jail. Now, the point is that there is plenty more that was going on with Anglo and personal connections between Anglo brass and other Irish establishment brass and all that followed from that. But that will be let lie. It would mean vastly more jail time for the Anglo brass. ie. It suits both parties... It is all optics. The current investigation has been all about white-wash, focused on certain issues with the purpose of pushing other issues into the background... I recall three years ago politicians wanting to get the Anglo probe over "as quickly as possible". http://www.reuters.com/article/2009/02/ ... 0220090211
Well, the other way to do it, is to draw the process out as long as possible, and over-complicate trivial matters... Also, the issue they decided to focus on is not black and white. For example, considering the circumstances, perhaps it will be possible to prove that the money was "lent as part of the ordinary business of the company”. Also, no more than 3% was sold to any single one of the golden circle, thereby keeping the share purchases below the disclosure levels required by the Stock Exchange. And there is plenty else. I'm not a betting man, but I'd bet on this so called investigation being a white-wash and cover-up. Another five years or so we should see.
I tend to agree, looks like they could of gone with these charges in he first couple of months of their emmmm investigation
So now with judge Kelly getting a tad uppity they need to show something
They have one forensic accountant on their team and 27 guards whom presumably have a leaving cert, hopefully one or two of them took business org. Maybe I am missing something perhaps all the fraud squad guys have all been sent on some high intensity crash course on uncovering white collar crime to some top American university ? The lady guard we seen yesterday what qualifications does she have?
Now compare this to financial heavyweights that the bankers will undoubtedly have on speed dial on their mobiles throughout this debacle
Let's not forget also the fraud squad guys who jumped shop during the investigation and whom may well be advising the same bankers they were investigating