Wednesday 15 October 2008

The one upside of the banking crisis

Republicans in 'state of panic' as Wall Street woes hit investments

The IRA may have lost a substantial amount of its fortune in the banking collapse in the United States, according to republican sources.

Sources say that in recent years the IRA's financial bosses moved large amounts of money through front companies into a number of Wall Street financial institutions that were offering high dividends, but which have been devastated by the sub-prime market collapse. One source put the amount invested in the US institutions at €200m. They said most of this was made through the sale of commercial properties mainly here in the Republic.


Aha!

Aha!

Ahahahahahahahahahahahahahahahahahahahahahahaha ...

4 comments:

Anonymous said...

Yes, ha ha ha.

Anonymous said...

Ah, not to worry. The Irish government have given a 100% guarantee so as long as the funds passed through Dublin, they'll be fine.

Even if they went through NI, the Gorgon can pay that back out of pocket change. All he needs are a few million pockets to empty...and he knows where they are. He's been emptying them for years.

I wonder how many Labour scams fell apart at the same time? Lots, I hope.

Anonymous said...

I take it the Northern Bank will be hiring extra security in light of this development.

Anonymous said...

Oh and ha, ha, ha, ha, until I puke!