Tag Archives: bank of ireland

Words of Wisdom in an ever degenerating World……


For those of you who have never been introduced to E.C Riegel, I would like to share some of his self taught insights into the world of finance and government. E.C Riegel described himself as a “non-academic student of money and credit”, I am imparting some of his views  from his book ” Private Enterprise […]

The Madness is happening again only this time it’s much worse……


Just last week the Irish Central Bank announced that it is going to allow Hedge Funds lend money to Irish Corporations and Businesses, I couldn’t find the words until now, shock I guess is a good description for my disposition for the last several days. Hedge Funds have one singular objective…to make money and lots […]

The Acquisition of the Mortgages- An Examination of a Prospectus for Mortgage Securitisation.


A very good piece from Mike, First Active – Ulster Bank Borrowers take note……   The Acquisition of the Mortgages- An Examination of a Prospectus for Mortgage Securitisation. Extracts taken from Prospectus. Print in red is used for my comments and to highlight the parties, while underlining is used for emphasis only.   Purchase . […]

Securitisation….questions and answers please ???


Following on from my last post, I would like to poses a number of questions, I shall follow-up with another post giving my answers to those same questions but, it is your replies I am interested in… 1. If the Bank has performed a True Sale of the mortgages in a Securitisation, why then is […]

Securitisation ….the undeniable root of all financial crisis…..


No matter how I analyse the financial crisis, I am always led back to Securitisation, the Shadow Banking world and Derivatives, the make-believe world which has caused so much hurt and pain for the ordinary men and women of Ireland and many other countries around the world. Let us be clear, the reason why we […]

The Future of Money & Business Part II…an Irish perspective..


This post is the second in the series “The Future of Money & Business”  and hopefully will attempt to show, in simple terms, the “big lie” modern Banking in Ireland represents. Firstly let me say, I believe we have one of the greatest little Countries in the world, small enough to make a difference to […]

The Future of Money and Business – Part 1


by Scott Cundill on June 9, 2014 Welcome to a new world. A world where money does not exist and everyone lives in a Utopian society. But not quite yet. It will take time and an evolution of consciousness to get there. And, it will require us to open our minds to some important and startling facts about […]

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