Monday’s set of announcements about the Central Bank of Ireland’s balance sheet assessments were a bad start to the ECB’s comprehensive assessment process. Details here.
With the release of Trichet’s August 2011 letter to Spain, worth noting that his November 2010 letter to Brian Lenihan remains a secret.
The various statements from Michael Noonan and ECB board member Jörg Asmussen raise some very serious questions for Mario Draghi about the OMT programme. Post here.
A follow-up on yesterday’s Bitcoin post. Even if private crypto-currencies are the way of the future, that doesn’t mean Bitcoins are worth investing in. Don’t worry, no more Bitcoin posts for now.
There was lots of talk about Bitcoin when I attended the recent Kilkenomics festival. Some thought and links to two articles here.
Ireland’s announcement (a better term than “decision”, I think) that it is exiting the bailout without any precautionary credit line has been greeted as positive news by most commentators. Some sceptical comments here.
I went to the ECON committee meeting with Mario Draghi in Brussels on Monday and came away fairly disappointed. My thoughts here.
Some thoughts on where things stand in Cyprus including the parallels between Ireland’s treatment of Anglo’s debts and the current problems with Laiki\Bank of Cyprus.
A report on my bizarre Twitter mauling at the hands of none other than Nassim Nicholas Taleb.