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Seán FitzPatrick
Seán FitzPatrick (25 May 1948 – 8 November 2021) was an Irish banker who was chief executive and then chairman of Anglo Irish Bank, until he resigned in December 2008 amid mounting revelations over hidden loans. The scandal precipitated a collapse of the bank's share price which in turn led to its nationalisation on 21 January 2009. He was declared bankrupt in 2010. He was later prosecuted but acquitted of any criminal offence in relation to his role in the banking crisis. FitzPatrick qualified as a chartered accountant, and was appointed as Chief Executive of Anglo Irish Bank in 1986. He led the Bank through a series of mergers and strong subsequent growth into a position amongest the largest banks in the country, though it became over-concentrated in the property development sector. Early life Mr FitzPatrick was born in County Wicklow, Ireland. His father was a small farmer and his mother was a civil servant who left the workforce to raise her children. FitzPatrick's on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
County Wicklow
County Wicklow ( ; ga, Contae Chill Mhantáin ) is a county in Ireland. The last of the traditional 32 counties, having been formed as late as 1606, it is part of the Eastern and Midland Region and the province of Leinster. It is bordered by the Irish Sea to the east and the counties of Wexford to the south, Carlow to the southwest, Kildare to the west, and South Dublin and Dún Laoghaire–Rathdown to the north. Wicklow is named after its county town of Wicklow, which derives from the name ( Old Norse for "Vikings' Meadow"). Wicklow County Council is the local authority for the county, which had a population of 155,258 at the 2022 census. Colloquially known as the "Garden of Ireland" for its scenerywhich includes extensive woodlands, nature trails, beaches, and ancient ruins while allowing for a multitude of walking, hiking, and climbing optionsit is the 17th largest of Ireland's 32 counties by area and the 15th largest by population. It is also the fourth largest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aer Lingus
Aer Lingus ( ; an anglicisation of the Irish , meaning "air fleet" compare Welsh 'llynges awyr') is the flag carrier of Ireland. Founded by the Irish Government, it was privatised between 2006 and 2015 and it is now a wholly owned subsidiary of International Airlines Group (IAG). The airline's head office is on the grounds of Dublin Airport in Cloghran, County Dublin. Formed in 1936, Aer Lingus is a former member of the Oneworld airline alliance, which it left on 31 March 2007. After the takeover by IAG, it was expected that Aer Lingus would re-enter Oneworld, however, at a press briefing on 15 November 2017 the airline's then CEO Stephen Kavanagh stated that the airline has "no plans to join Oneworld". The airline has codeshares with Oneworld, Star Alliance and SkyTeam members, as well as interline agreements with Etihad Airways, JetBlue Airways and United Airlines. Aer Lingus has a hybrid business model, operating a mixed fare service on its European routes and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smurfit Kappa
The Smurfit Kappa Group plc is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History The company was established as a box-maker in Rathmines, Dublin, Ireland in 1934 and was acquired by Mr Jefferson Smurfit in 1938, trading afterwards as Jefferson Smurfit. It was listed on the Irish Stock Exchange in 1964 and acquired a partial interest in Time Industries, a Chicago-based paper and packaging company, in 1974. Jefferson Smurfit grew under the leadership of the founder's son, Sir Michael Smurfit, who became Chief Executive in 1977. It merged its 46%-owned US business with Chicago-based Stone Container Corporation to form Smurfit-Stone Container Corporation in 1998. Jefferson Smurfit was the subject of a management buyout financed by Madison Dearborn Partners, Cinven Limited and CVC Capital Partners in 2002. It merged with Kapp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greencore
Greencore Group plc is a food company in Ireland. It was established by the Irish government in 1991, when Irish Sugar was privatised, but today Greencore's products are mainly convenience foods, not only in Ireland but also in the United Kingdom. A major supplier to British and Irish supermarkets, Greencore is the largest sandwich manufacturer in the world. It is listed on the London Stock Exchange. History The company was established in 1926 in Carlow as a private enterprise known as the ''Irish Sugar Manufacturing Company, Limited''. The Sugar Manufacture Act, 1933 was passed to promote self-sufficiency in sugar manufacture; this Act was brought on by a crisis in the industry and resulted in the nationalisation of sugar manufacture. Factories were built in Mallow, Thurles and Tuam, and the company became ''Cómhlucht Siúicre Éireann, Teoranta'', the Irish for ''Irish Sugar Company, Limited''. When run by Michael Joe Costello, Irish Sugar introduced the first electronic c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
USA Today
''USA Today'' (stylized in all uppercase) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth on September 15, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virginia. Its newspaper is printed at 37 sites across the United States and at five additional sites internationally. The paper's dynamic design influenced the style of local, regional, and national newspapers worldwide through its use of concise reports, colorized images, informational graphics, and inclusion of popular culture stories, among other distinct features. With an average print circulation of 159,233 as of 2022, a digital-only subscriber base of 504,000 as of 2019, and an approximate daily readership of 2.6 million, ''USA Today'' is ranked as the first by circulation on the list of newspapers in the United States. It has been shown to maintain a generally center-left audience, in regards to political persuasion. ''USA Today ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBC News
NBC News is the news division of the American broadcast television network NBC. The division operates under NBCUniversal Television and Streaming, a division of NBCUniversal, which is, in turn, a subsidiary of Comcast. The news division's various operations report to the president of NBC News, Noah Oppenheim. The NBCUniversal News Group also comprises MSNBC, the network's 24-hour general news channel, business and consumer news channels CNBC and CNBC World, the Spanish language Noticias Telemundo and United Kingdom–based Sky News. NBC News aired the first regularly scheduled news program in American broadcast television history on February 21, 1940. The group's broadcasts are produced and aired from 30 Rockefeller Plaza, NBCUniversal's headquarters in New York City. The division presides over America's number-one-rated newscast, '' NBC Nightly News'', the world's first of its genre morning television program, '' Today'', and the longest-running television series in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patrick Neary (regulator)
Patrick Neary, an Irish accountant and public servant, was Financial Regulator at the time of Ireland's Ireland's financial crisis in 2008, including the issuance of a State guarantee for the country's major banks. His role in the crisis has been subject to significant criticism. Early life Patrick Neary came from County Kilkenny, and studied at St Ciaran's College, Kilkenny. He attended University College Dublin for one year, studying the Classics, leaving to help in his family's horticultural business. He subsequently joined the Central Bank of Ireland in 1971. Career Neary began in the Central Bank in a junior role, and was promoted over three decades, reaching a position as head of supervision for securities and stock exchanges. Cases he worked on included two of three Irish bank collapses prior to the Anglo-Irish Bank crisis - those of Irish Trust Bank in 1976 and Merchant Banking in 1982 - and that of Bank of Ireland acquisition First New Hampshire Bank. In 2003, he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sacred Cow (idiom)
Sacred cow is an idiom, a figurative reference to cattle in religion and mythology. A figurative sacred cow is a figure of speech for something considered immune from question or criticism, especially unreasonably so. This idiom is thought to originate in American English, although similar or even identical idioms occur in many other languages. Background The idiom is based on the popular understanding of the elevated place of cows in Hinduism and appears to have emerged in America in the late 19th century. The reverence for cows in the traditionally agrarian Vedic Hindu society stems from the reluctance to harm an animal whose milk humans consume after being weaned off the mother's milk. In Jewish tradition, there is a similar moral stigma against cooking veal (calf meat) in cows milk. A literal sacred cow or sacred bull is an actual cow or bull that is treated with sincere respect. One writer has suggested that there is an element of paradox in the concept of respect for a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donnybrook, Dublin
Donnybrook () is a district of Dublin, Ireland. It is situated on the southside of the city, in the Dublin 4 postal district, and is home to the Irish public service broadcaster Raidió Teilifís Éireann (RTÉ). It was once part of the Pembroke Township. Its neighbouring suburbs are Ballsbridge, Sandymount, Ranelagh and Clonskeagh. Donnybrook is also a civil parish mainly situated in the old barony of Dublin. History Donnybrook Fair dates from a charter of King John of England in 1204 and was held annually until 1855. It began as a fair for livestock and agricultural produce but later declined, growing into more of a carnival and funfair. Drunkenness, fighting, and hasty marriages became commonplace and the people of Donnybrook were anxious that it should cease. Eventually, the fair's reputation for tumult was its undoing. From the 1790s on there were campaigns against the drunken brawl the fair had become. After a good deal of local fundraising, the patent was bought ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marian Finucane
Marian Finucane ( ; 21 May 1950 – 2 January 2020) was an Irish broadcaster with Raidió Teilifís Éireann (RTÉ). She began working with the national broadcaster in 1974, starting as a continuity announcer. She was the first presenter of '' Liveline'' and presented ''The Marian Finucane Show'' at weekend lunchtimes on RTÉ Radio 1 until her death. Career Marian Finucane was born in Dublin and educated at Scoil Chaitríona, Glasnevin. She studied architecture at Dublin College of Technology in Bolton Street. Finucane practised as an architect until 1974 when she joined RTÉ as a continuity announcer, having been recruited by Eoghan Harris. In 1976 she became a programme presenter, working mainly on programmes concerned with contemporary social issues, especially those concerning women, in particular ''Women Today''. Finucane in 1979 was the recipient of a Jacobs' Award for ''Women Today''. Her '' Liveline'' radio programme was a combined interview and phone-in chat show ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Bubble
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real-estate markets, and typically follow a land boom. A land boom is the rapid increase in the market price of real property such as housing until they reach unsustainable levels and then decline. This period, during the run up to the crash, is also known as froth. The questions of whether real estate bubbles can be identified and prevented, and whether they have broader macroeconomic significance, are answered differently by schools of economic thought, as detailed below. Bubbles in housing markets are more critical than stock market bubbles. Historically, equity price busts occur on average every 13 years, last for 2.5 years, and result in about 4 percent loss in GDP. Housing price busts are less frequent, but last nearly twice as long and lead to output losses that are twice as large (IMF World Economic Outlook, 2003). A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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