Search Results for 'Bankruptcy'

Just over a year since the Lehman Brothers filed for bankruptcy causing financial shock waves throughout the world, with the crest of these shock waves forcing Ireland into a deep recession, the Government’s legislative resuscitation for our economy, through the establishment of the National Asset Management Agency to purge the five financial institutions in the country — AIB, Anglo Irish Bank, Bank of Ireland, EBS Building Society and Irish Nationwide – of toxic loans which were incurred during the property boom, has begun.

Just over a year since the Lehman Brothers filed for bankruptcy causing financial shock waves throughout the world, with the crest of these shock waves forcing Ireland into a deep recession, the Government’s legislative resuscitation for our economy, through the establishment of the National Asset Management Agency to purge the five financial institutions in the country — AIB, Anglo Irish Bank, Bank of Ireland, EBS Building Society and Irish Nationwide – of toxic loans which were incurred during the property boom, has begun.

Another raft of Westmeath jobs were lost this week with the announcement of 18 redundancies at a concrete firm in Kilbeggan..

It was lovely to see Brian Cowen taking the moral stance on not ‘dancing on the grave’ of his colleague John O Donoghue yesterday.

A provisional liquidator has been appointed to the Athlone and Dublin-based telelecommunications company, Babcock Networks.

Six jobs have been lost in Athlone with the closure on Wednesday this week of the town’s Budget Travel shop in Golden Island Shopping Centre.

Five jobs have been lost in Mullingar with the closure on Wednesday this week of the town’s Budget Travel shop in Harbour Place Shopping Centre.

Hoteliers have called for urgent action by local authorities in Westmeath to exercise their powers to establish emergency waiver schemes in respect of local authority rates payable by the seriously wounded hotel and guesthouse sector.