Irish Bank Resolution Corporation
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Irish Bank Resolution Corporation
The Irish Bank Resolution Corporation (IBRC) was the name given to the entity formed in 2011 by the court-mandated merger of the state-owned banking institutions Anglo Irish Bank and Irish Nationwide Building Society. Following a High Court order on the application of the Minister for Finance, Michael Noonan, the Irish government drove through overnight legislation to liquidate the IBRC in February 2013, with the emergency action required given a leaking of plans in the press. History Irish Nationwide Building Society (INBS) had been effectively nationalised in August 2010, after receiving a €5.4bn government bailout., while Anglo Irish Bank had been taken into state ownership in January 2009. The two institutions had been widely criticised for their role in the risky lending practices that led to the Irish banking crisis. The removal of both failed banks from the Irish banking system was a key objective for the new Fine Gael-led government. Michael Noonan, the Minister fo ...
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Irish Bank Resolution Corporation (logo)
The Irish Bank Resolution Corporation (IBRC) was the name given to the entity formed in 2011 by the court-mandated merger of the state-owned banking institutions Anglo Irish Bank and Irish Nationwide Building Society. Following a High Court order on the application of the Minister for Finance, Michael Noonan, the Irish government drove through overnight legislation to liquidate the IBRC in February 2013, with the emergency action required given a leaking of plans in the press. History Irish Nationwide Building Society (INBS) had been effectively nationalised in August 2010, after receiving a €5.4bn government bailout., while Anglo Irish Bank had been taken into state ownership in January 2009. The two institutions had been widely criticised for their role in the risky lending practices that led to the Irish banking crisis. The removal of both failed banks from the Irish banking system was a key objective for the new Fine Gael-led government. Michael Noonan, the Minister ...
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Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and 'Reblogging, retweet' tweets, while unregistered users only have the ability to read public tweets. Users interact with Twitter through browser or mobile Frontend and backend, frontend software, or programmatically via its APIs. Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams (Internet entrepreneur), Evan Williams in March 2006 and launched in July of that year. Twitter, Inc. is based in San Francisco, California and has more than 25 offices around the world. , more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion Web search query, search queries per day. In 2013, it was one of the ten List of most popular websites, most-visited websites and has been de ...
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Post-2008 Irish Economic Downturn
The post-2008 Irish economic downturn in the Republic of Ireland, coincided with a series of banking scandals, followed the 1990s and 2000s Celtic Tiger period of rapid real economic growth fuelled by foreign direct investment, a subsequent property bubble which rendered the real economy uncompetitive, and an expansion in bank lending in the early 2000s. An initial slowdown in economic growth amid the international financial crisis of 2007–2008 greatly intensified in late 2008 and the country fell into recession for the first time since the 1980s. Emigration, as did unemployment (particularly in the construction sector), escalated to levels not seen since that decade. The Irish Stock Exchange (ISEQ) general index, which reached a peak of 10,000 points briefly in April 2007, fell to 1,987 points—a 14-year low—on 24 February 2009 (the last time it was under 2,000 being mid-1995). In September 2008, the Irish government—a Fianna Fáil–Green coalition—officially acknowl ...
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Daniel O'Keeffe (judge)
Daniel O'Keeffe, styled as Mr Justice Daniel O'Keeffe, was chairperson of the Standards in Public Office Commission from 11 February 2014 until 10 February 2020. He is a former Judge of the High Court (2008-2013). As Chairman of the Standards in Public Office Commission, he was also an ex-officio member (Commissioner) of the Commission for Public Service Appointments. He is also a member of the Inquiry Panel appointed by the Central Bank of Ireland. He was Chairman of the Irish Takeover Panel from 1997 to 2008. He was Chairman of the Second Report of the Public Service Benchmarking Body which reported to the Minister for Finance in 2007. Education and career Born in Ennis, Co. Clare in 1943, he was educated at Clongowes Wood College. He was called to the Bar in 1964 having graduated from University College Dublin University College Dublin (commonly referred to as UCD) ( ga, Coláiste na hOllscoile, Baile Átha Cliath) is a public research university in Dublin, Irel ...
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RTÉ
(RTÉ) (; Irish language, Irish for "Radio & Television of Ireland") is the Public broadcaster, national broadcaster of Republic of Ireland, Ireland headquartered in Dublin. It both produces and broadcasts programmes on RTÉ Television, television, RTÉ Radio, radio and RTÉ.ie, online. The radio service began on 1 January 1926, while regular television broadcasts began on 31 December 1961, making it one of the oldest continuously operating public service broadcasters in the world. RTÉ also publishes a weekly listings and lifestyle magazine, the ''RTÉ Guide''. RTÉ is a statutory body, overseen by a board appointed by the Government of Ireland, with general management in the hands of the RTÉ Executive Board, Executive Board, headed by the Director-General. RTÉ is regulated by the Broadcasting Authority of Ireland. RTÉ is financed by Television licensing in the Republic of Ireland, television licence fee and through advertising, with some of its services funded solely by a ...
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Commission Of Investigation (Ireland)
MoIn the Republic of Ireland, a commission of investigation is a statutory commission established under the Commissions of Investigation Act 2004 to investigate a matter of "urgent public concern". A commission of investigation is a less expensive but less powerful alternative to a tribunal of inquiry. Commissions of investigation may take evidence in private, whereas tribunals of inquiry are held in public. In 2017, the Fine Gael-led government planned to have Peter Charleton chair a commission into the Garda whistleblower scandal; opposition demands led it to change this to a tribunal. The Commission to Inquire into Child Abuse The Commission to Inquire into Child Abuse (CICA) was one of a range of measures introduced by the Irish Government to investigate the extent and effects of abuse on children from 1936 onwards. Commencing its work in 1999, it was commonly known ... had been established in 2000 by a specific Act of the Oireachtas, with further acts passed subsequentl ...
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Oireachtas
The Oireachtas (, ), sometimes referred to as Oireachtas Éireann, is the Bicameralism, bicameral parliament of Republic of Ireland, Ireland. The Oireachtas consists of: *The President of Ireland *The bicameralism, two houses of the Oireachtas ( ga, Tithe an Oireachtais): **Dáil Éireann (lower house) **Seanad Éireann (upper house) The houses of the Oireachtas sit in Leinster House in Dublin, an eighteenth-century Duke, ducal palace. The directly elected Dáil is by far the more powerful branch of the Oireachtas. Etymology The word comes from the Irish language, Irish word / ("deliberative assembly of freemen; assembled freemen; assembly, gathering; patrimony, territory"), ultimately from the word ("freeman"). Its first recorded use as the name of a legislative body was within the Irish Free State. Composition Dáil Éireann, the lower house, is directly elected under universal suffrage of all Irish citizens who are residents and at least eighteen years old. An election i ...
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Resolution (law)
In law, a resolution is a written motion adopted by a deliberative body. The substance of the resolution can be anything that can normally be proposed as a motion. For long or important motions, though, it is often better to have them written out so that discussion is easier or so that it can be distributed outside the body after its adoption. An alternate term for a resolution is a ''resolve''. Resolutions are commonly used in corporations and houses of legislature. In corporations In corporations, a written resolution is especially useful in the case of the board of directors of a corporation, which usually needs to give its consent to real estate purchases or sales by the corporation. Such a resolution, when certified by the corporation's secretary, gives assurance to the other side of the transaction that the sale was properly authorized. Other examples include resolutions approving the opening of bank accounts or authorizing the issuance of shares in the corporation. Ho ...
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Bloomberg Television
Bloomberg Television (on-air as Bloomberg) is an American-based pay television network focusing on business and capital market programming, owned by Bloomberg L.P. It is distributed globally, reaching over 310 million homes worldwide. It is headquartered in New York City, with European headquarters in London and Asian headquarters in Hong Kong. History Bloomberg Television first launched in the United States in mid-1994 under the name Bloomberg Direct and was first carried on the then new satellite television service DirecTV. Within a year it was renamed Bloomberg Information TV, before it was shortened to its current name in 1998. The network has taken over the channel space of the-defunct Financial News Network, as well as hiring most of the former FNN workforce. Shortly after Bloomberg's launch, the now-defunct American Independent Network carried a simulcast of the channel at various times each weekday from 1995 to 1997, which was picked up by some broadcast stations in early ...
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Pearse Doherty
Pearse Daniel Doherty (born 6 July 1977) is an Irish Sinn Féin politician who has been a Teachta Dála (TD) for the Donegal constituency since the 2016 general election, and previously a TD for the Donegal South-West constituency from 2010 to 2016. He also previously served as a Senator for the Agricultural Panel from 2007 to 2010. Early life Pearse Daniel Doherty was born in Glasgow on 6 July 1977, the son of Irish parents. When he was three years old, the family returned home to the Irish-speaking town of Gweedore, where he grew up and became fluent in Irish. He enrolled in a civil engineering degree course at Dublin Institute of Technology in 1996. In 1999, Doherty and three other Sinn Féin activists were arrested in Dublin. At a court hearing, it was revealed that Doherty had abused a Garda. He was convicted, but avoided getting a criminal record. He completed two years of the course, earning a national certificate that entitled him to work as a civil engineering tec ...
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Sinn Féin
Sinn Féin ( , ; en, " eOurselves") is an Irish republican and democratic socialist political party active throughout both the Republic of Ireland and Northern Ireland. The original Sinn Féin organisation was founded in 1905 by Arthur Griffith. Its members founded the revolutionary Irish Republic and its parliament, the First Dáil, during the Irish War of Independence. The party split in the aftermath of the Irish Civil War, giving rise to the two traditionally dominant parties of southern Irish politics: Fianna Fáil, and Cumann na nGaedheal (which became Fine Gael). For several decades the remaining Sinn Féin organisation was small without parliamentary representation. Another split in 1970 at the start of the Troubles led to the Sinn Féin of today, with the other faction eventually becoming the Workers' Party. During the Troubles, Sinn Féin was associated with the Provisional Irish Republican Army (IRA). For most of that conflict, there were broadcasting bans on Si ...
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Joe Higgins (politician)
Joe Higgins (born 20 May 1949) is an Irish former Socialist Party politician who served as a Teachta Dála (TD) for the Dublin West constituency from 1997 to 2007 and from 2011 to 2016. He served as a Member of the European Parliament (MEP) for the Dublin constituency from 2009 to 2011. Early life One of nine children of a small farming family, Higgins was born in 1949 in Lispole, part of the Dingle Gaeltacht in County Kerry. He went to school in the Dingle Christian Brothers School, and after finishing he enrolled in the priesthood. As part of his training he was sent to a Catholic seminary school in Minnesota, United States in the 1960s. Higgins became politicised at the time of anti-Vietnam War protests and the civil rights movement. He is a brother of Liam Higgins, who played football with the Kerry GAA senior team in the 1960s and 1970s. Higgins is bilingual in English and Irish. Political career Early activism Higgins returned to Ireland and attended University Colle ...
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