tag:blogger.com,1999:blog-5460637983397119698.post7125085693006881833..comments2008-06-13T10:33:13.870+01:00Monty Cardiganhttp://www.blogger.com/profile/16273003125079163797noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5460637983397119698.post-10563859296956844822008-06-12T19:29:00.000+01:002008-06-12T19:29:00.000+01:00The davy deal is now on the table with € 35m on offer to credit unions to redeem the losses they have suffered to date on these perpetual bonds. I am not aware of any other financial institution that has come forward with such an offer to its customers and guess what the credit unions dont want the deal because they sell the option to davy of possibly getting their money back and more and they are against this. Well then lads keep the bonds and take the risk that all other investors have to take, did you guys not know what you were buying?? Explain this to your members.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5460637983397119698.post-27626959628774184392008-05-21T17:49:00.000+01:002008-05-21T17:49:00.000+01:00There was more time spent debating the quality of hotel accomadation and food than on matters of import - a lot of time was given over to letter writing suggestions from the floor in response to presidential exhortations to resist new regulations. Still the masses were lulled back into complacency by the dull monotony of familiar voices and the annual mind numbing passing of motions.mountstreethttp://www.blogger.com/profile/16273003125079163797noreply@blogger.comtag:blogger.com,1999:blog-5460637983397119698.post-64057915624418772122008-05-20T23:51:00.000+01:002008-05-20T23:51:00.000+01:00The Davy - ILCU deal has still not been published, some 8 days since it first saw the light of day. That it was witheld from credit unions at the April ILCU conference, when it's quantum had already been included in the Davy 2007 Accounts is disappointing but not surprising. The details of the proposed deal is still a mystery. Credit Unions will go for it, however, as the vast majority will seek a short-term win for this year, and ignore the fact that they will suffer real losses on these investments in the 9 or so succeeding years.Anonymousnoreply@blogger.com