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EVERY WEEKDAY EVENING,TheJournal.ie brings you five things you really should know before heading out the door…
1. #BANK OF IRELAND: The Government has concluded the sale of €1bn worth of BoI shares to a North American-Canadian consortium. This reduces the role of the State in the banking sector somewhat but Social Justice Ireland told the EC, ECB, IMF troika today that the burden of the bailout is being borne by the most vulnerable.
2. #ENERGY: Communications, Energy and Natural Resources Minister Pat Rabbitte has confirmed that 13 new licences have been granted for the exploration of oil and gas reserves off the Irish coast.
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3. #BURMA: Trade unions will be allowed to form in Burma for the first time in almost 50 years and they will be allowed to take industrial action – as long as they give 14 days’ notice.
5. #RACE FOR THE ÁRAS: David Norris ended the suspense over the “very important speech” he said in a tweet last night that he would be making today. The speech turned out to be criticism of the Keane report on mortgage arrears – but he also declared himself the “24-carat independent” candidate of the race.
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Likely at some time in the past they decided to lay off all their competent IT people and/or outsourced the work to a cheap 3rd party to save money. Well, they’re paying for that now. Though I doubt the people who made that decision will be held accountable by anyone.
The main media organisations in this country haven’t exactly chased UB for a detailed explanation of what went wrong the first time, neither have any of the politicians.
The main thing is that it doesn’t matter how many cock ups they make, bonuses are go! Banking is the only industry where complete incompetence can be rewarded by public bailouts and the management continuing to get huge bonuses.
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