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Initial Results In Allied Irish CDS Settlement Auction: Senior Bonds At 71.375, Subs At 12

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Thu, 06/30/2011 - 07:41 | 1414886 bigwavedave
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Quick to the Lifeboats!!

Bankers and Insurers first!!

Thu, 06/30/2011 - 07:57 | 1414908 max2205
max2205's picture

And this ISN'T a haircut?

Thu, 06/30/2011 - 08:00 | 1414913 Byte Me
Byte Me's picture

Just a delousing really..

Thu, 06/30/2011 - 07:45 | 1414887 GeneMarchbanks
GeneMarchbanks's picture

You had me at 'incestuous circular nature'

For some reason I got a visual of a snake eating its own tail.

Thu, 06/30/2011 - 07:46 | 1414892 hugovanderbubble
hugovanderbubble's picture

British banks (trapped in iReland debt) in the same situation like French and German with greek one...


IRISH tragedy coming...


Spain, YES (SPAIN IS IN DEFAULT and our Real Estate Valuations are all false (overpriced from 22-50%) but no one in the ECB wants to recognise.




Thu, 06/30/2011 - 08:08 | 1414919 qussl3
qussl3's picture

Everyone knows they are insolvent.

But there isnt a trigger to bring it into the spotlight.

What in your estimation could be a possible trigger?

Otherwise we can scream about them being insolvent till we are blue in the face and noone will give a damn.

Thu, 06/30/2011 - 07:47 | 1414893 Hedgetard55
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This is why we need the two Pauls in the White House.


Ron Paul as Pres and Rupaul as VP.

Thu, 06/30/2011 - 07:52 | 1414896 hugovanderbubble
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I would like to be member of Ron Paul Team in spain ¡

Paul if you hear me, im your guy for Iberia¡

Thu, 06/30/2011 - 07:56 | 1414902 CPL
CPL's picture

Connors are on their way? 

And we're not hoping to improve it.

Thu, 06/30/2011 - 08:00 | 1414905 CPL
CPL's picture



Black Connors and Lynns

Thu, 06/30/2011 - 08:05 | 1414918 CPL
CPL's picture

Black Connors, Black O'donnel's, Lynns, Kelly's and O'Neills


Mum told me to call cousins...the Mc's haven't called back yet.  So pick a fight as you will.  A bail of haywieght 125 lbs.  A man not much more.  we are coming over for trouble if needed.


All 350 of us from these families.  I've been told we getting drunk...btw...some of us are a little browner than island cousins.  Indians in Canada are bigger than Scots.  And the girls are hot and tall.  We promise to bring our rotten kids.


So around 760 people...make room, we'll stay the hour but if you require family more leave a biscuit on the table.

Thu, 06/30/2011 - 08:21 | 1414928 CPL
CPL's picture

okay...so the Black Connors, O'Donnells, Lynn's, Kelly's, O'Neills, Murphy's (big guys),  Sullivan's, O'Brian and Boyles are in.


We have money...lots of people...around 2400 guys that can throw a human with an arm from farm work.


This will not be the same nonsense in Greece; where men fire bomb another man.


It will not be.  Period.  If Ireland needs muscle.  Canada has muscle, if it is required you show us a golf course once during the week though.   it'll be like 7th grade hockey nonsense.  I'll even offer my sons a lift over...oldest wants to hit amsterdam anyways.

Thu, 06/30/2011 - 08:26 | 1414940 CPL
CPL's picture

Catch anyone throwing a bomb.  They are getting thrown into that bomb.  We'll keep control of the british tit suckers.   One asshole steps out of line, that is the equivalent of a curb stomp.  You are worth more as spare human parts.  Cops step out of line...


They can donate their bits to other people.



Thu, 06/30/2011 - 09:08 | 1414983 CPL
CPL's picture

So the Black Connors, O'Donnells, Lynn's, Kelly's, O'Neills, Murphy's (big guys),  Sullivan's, O'Brian, Boyles, Fletcher family, Flynn's, McGrath, LaFrance (I know not irish but tough as fuck), Garceau's, Martin, Martinez, Pavone, Raahi...I've explained that it'll be some knuckel dusting and golf and romantic tour in Ireland.  Oh yeah Visser (huge dutch fuckers, punch like a tank hits you) and DeWitt.  And our cousins the Beaver and Crow tribe.  The golf course better be nice, I've been told by the elders on tribal land.  So it better be nice.  Or I'm going to have a shitty life along with us.  Our gods are in Ireland.  We're on another god's dime.


The Native guys aren't taking part btw.  Just the 3200 of us, that can throw a bail of hay over a shoulder.


If a gun gets involved, all guns will be taken by us and shown their effective use.  Aunts and my mother are giving me scenarios.  All family members are being given the same direction.  The US army pulls through our area.  We don't' know you and not the same last name, guess what? 

You can either help out or fuck off.  Suggestions to the germans that show up for these things.  My kids are 6'3, half Algonquin and irish, and have been kicked out of school for breaking legs with an A- average and entering Engineering.  Open your mouth to shit on anyone "brown", guess what is going to happen.  You will get baddly hurt like a skinny fuck mouthing in first season hockey...in grade 7.  My kids aren't the only ones, we all have good looking wives in Canada, so be prepared for a larger version of ourselves unless there last name is dutch.


Basically we are going over for golf, if that fucks up.   We will use anything that looks like a government official to tee off short of ramming a spike down a man's spine.


Since I'm not getting arrested as usual.  I'm explaining one thing.


Canuck Cousins are coming over.  you WILL enjoy the beer we buy and you WILL enjoy BBQ steaks.  I'm hopeful that things are good.  My mum and dad are not  So we're going over with an army of 3400 guys that have the ability to throw a human 20 feet on to a wagon with our wives and rotten kids.


All I can say is.  Behave.  Pull one billy club.  It will be understood where the sun dies not shine.  Throw a fire bomb while we are there.  You didn't need your cock and balls.  our cousins will remove you.  Neither side is british, the goverment is (saddly), so think before throwing a punch.  Either side wants to fight.  Trust me on this...your tough guy is  weakest irish girls in Canada.  The same girl throws 100 lbs over her shoulder...just like my 14 year old girl.  And she is far from the strongest or the most fist worthy.


So behave.  if there is a demonstration (getting edit recommendations) we will be there..  we'll show up for a round of golf.  Be bad while we are there...you will be treated like a bail of hay, people and cops.



Thu, 06/30/2011 - 09:34 | 1415126 CPL
CPL's picture

i've been told by the Mum's we're allowed to tear banker apart like phone books..strangely so had every other culture here.


So If a MP needs to be taught.  Allow your Canuck Irish cousins to issue the ass slapping.  They don't need their legs anyways.  Men have pride and can walk.  A cripple crawls like a DOG.  So point them out and come along for the fun of making sure the man AND his family is worth less than goat meat.


After all..sell his own country down the river AND his last name.  Lets put it this way.  Fucked for LIFE.  He or she can have lots of kids that get beaten every day.  A wife that is ignored and called fat whore until she dies.  With the added bonus that only a AIDS patient would fuck her to put her out of her misery.


If Irish women that marry "smart" men in Ireland thougth they escape it, they don't.  Her mother mides it, and everyone knows it.  So that's the shape of the Irish universe.  if another sayd other wise...I have a bridge to sell in Brooklyn.


That's 3400 men and the 5600 big kids coming with us.  If you are a cop, please remove yourselves.  Touch our kids, we were kicked out of Ireland for the real our ancientors were a little mean or it might have been we were related to the people that feed men to animals...sec....okay...MI6 is now a scout troop in comparison to Valley hunters.


On the other side.  Act like a big prick.  You won't have one the second time you open your mouth.

Thu, 06/30/2011 - 09:51 | 1415229 CPL
CPL's picture

If it makes anyone feel better, we can have the Canuck version shun them publicly.  Which with happen anyways.   Then the grandma gets involved and kick them out of the family name once and for all.   You know those worthless women that came over as war brides with ten UK pounds in their pocket (cocksucking brits) on war repatriations from England to stick there cocks in someone.  Yet, no money went forward to grandma, but it certainly went bad home to that old crusty cunt (aka the Queen).


So if anyone is a royal friendly.  You are a target BTW.  Between Irish, Indians, and French.  Open your mouth, and I'll make a necklace from the gobshite pearls and give it to my baby girl for her birthday.  I've just been told we will fight over those gems.

Thu, 06/30/2011 - 11:01 | 1415541 ZeroPower
ZeroPower's picture



Thu, 06/30/2011 - 07:54 | 1414903 oogs66
oogs66's picture

a default, with cds, a recovery, and the earth hasn't stopped rotating...

can they just let Greece default and we can deal with the consequences and move on?

Thu, 06/30/2011 - 08:03 | 1414911 Byte Me
Byte Me's picture

US banks will fare better then in a similar situation?

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