Monday, January 19, 2009

Nationalisation of Anglo Irish Bank

Well the inevitable finally happened last week, the "zoombie bank" of Ireland, Anglo Irish, finally got nationalised by the Irish government exposing the irish people to a massive risk. Investors in Anglo Irish have seen their share go from 18 euro two year ago to 22 cent. One notable loosers is Sean Quinn the CEO of the Quinn group. 

Minister Lenihan says that this was a necessary step, he better be right, if this goes wrong - it will go wrong of icelandic proportions. 

David McWilliams got it right again, I read in one of the papers, in a column he wrote over Christmas that the bank will be nationalised before Feb. Well done David, this is not the first time you got it right. Mr. McWilliams states that he knows whats going to happen because he has a basic understanding of economics, something sorely lacking in the government. He also notes that all the bad assets in the Irish banks should be taken over by anglo irish - sort of a toxic waste ground. Minister Lenihan disagrees. So who do we believe the solicitor who's party's policies have got us in this mess or the economist who keeps predicting it right?

Thursday, January 1, 2009

Happy New Year

So its out with a horrible 2008 which sent Ireland spiralling into economic peril and in with 2009 which promises to be a whole lot worse?!?

So just to cheer you up I though I would give some links on interesting things to look forward to in 2009 - as the curse goes - may you live in interesting times...

Whats going to be hot in Java

Some elearning predictions

If you have some opinions on the future of learning communities and technology perhaps you could contribute to the upcoming research symposium in Hong Kong
The symposium is not until March, in the meantime you can post your opinion as a response to this months big question on learning circuits