I left School in 1978 having studied Economics in my Leaving Certificate. The Big noise at the time in the Banking world was the ‘Irish Trust Bank’ which was closed by the Central Bank on Sat 27 March 1976. The date is courtesy of a book that I read recently. Something Rotten Irish Banking Scandals. The book goes on to list Banking Scandals: the Gallagher Group and Merchant Banking (A property Bum and Bust story). The Taxpayer ended up being hit for lots of losses. Oh by the way there were also payments to politicians just to add sauce to the mix, here and there!
`Later in my Seminary Days I heard about a neighbour who had to postpone her wedding because of the collapse of PMPA, not sure of the details here but I do remember paying a PMPA levy on my Motor insurance for years (maybe I still do, more Sean Citizen bail-out)
Next in line is the Insurance Corporation of Ireland, which one of our big banks part owned. Insurance claims go on for a long time after the premiums are paid, if you undercut all the competition in premiums then there’s no money in the pot to pay out the claims. So, the Taxpayer did it for them!
The Golden Circle continues into the Ansbacker affair with all sorts of things happening in the Cayman Islands. This looks like a ‘special’ bank for ‘special’ people. At the time I was looking for a Philips-backer, the only offshore I would have looked for was Irelands Eye!
There was a good spat between RTE and now retiring (I think) Politician who worked at the National Irish Bank. The court found that RTE hadn’t proven its case but that the politician’s reputation wasn’t damaged either. The case came to light due to Charlie Bird and George Lee. No Taxman bail-out here, although some would say that the TV Licence holder probably got stung.
Later we had the D.I.R. T. Scandal, where it looks like the banks shared their greed with the public, and many of the public decided to the get in on the action. The taxman was short changed here big time.
Top of the class goes to John Rusnak who lost $691millon, followed by Foreign Exchange systematic Over Charging by one of the Irish ‘Biggies’. And last but not least is the Faldor Scandal Bank executives and shares.
All of the above happened before 2006 so think what is coming down the tracks at us now.
Original Sin – Alive and Well.
Fr. Philip Adm
Liturgy of Lament and Repentance:
On this Sunday 20th February at 3pm a Liturgy of Lament and Repentance for the sexual abuse of children by priests and religious will be held in St. Mary’s Pro-Cathedral, within the framework of the Apostolic Visitation of the Archdiocese of Dublin. The liturgy will ask the forgiveness of God and of all survivors for the failure of those Church leaders and many others in the family of the Church to respond with love, integrity, honesty, understanding and compassion to the pain and distress of survivors. During the liturgy which has been prepared principally by survivors, Cardinal Sean O’Malley and Archbishop Diarmuid Martin will wash the feet of a group of people who have suffered in various ways through abuse.
We thank you for last Sunday’s Offertory Collection of €1,359 and the Accord Collection which amounted to €3,070
We thank those of you who have already returned your Christmas Dues. Dues envelopes may be placed in the collection bags at Mass, given to one of the priests or handed into the Sacristy or the Office.
The Milltown Parish Active Retirement Group invites members to attend Afternoon Tea in the Parish Pastoral Centre at 2.30pm on Tuesday next, February 22nd.
ALFIE LAMBE (1932 – 1959):
Mass for the Beatification of Alfie Lambe, one of Ireland’s candidates for sainthood will be offered in the Church of Our Immaculate Lady Refuge of Sinners, Rathmines, on Saturday, 26thFeb. at 3.00p.m.The principal Celebrant and Homilist will be Very Rev Richard Sheehy, P.P. Rathmines. Alfie, a native of Tullamore and a former Legion of Mary Envoy to South America has been designated as “the Servant of God” in recognition of the holiness of his short life. His Cause was introduced by the Archdiocese of Buenos Aires in 1978 and work on it is progressing both in Buenos Aires and in Ireland.
Fr. Paddy Boyle, (Child Safeguarding and Protection Training and Development Co-coordinator for the Dublin Diocese) will address all parish volunteers/ministers in the Parish Pastoral Centre at 8pm on Monday Feb. 28th.Please contact the Parish Office if you are involved in a parish ministry and have not yet received your invitation. We would also greatly appreciate if volunteers could let us know if they are unable to attend.
Are you between 35 and 45? Would you like to meet Catholics of your age from parishes in the Dublin Diocese for social and spiritual events? The Fortysomethings invite you to a New Members Meeting in the Trinity Capital Hotel, Pearse St.. Dublin 2 at 8.30pm on Fri. March 4th and/ or a Mass in St. John Vianney’s Ardlea Road, Artane, Dublin 5 at 4.30pm on Sunday 6th march. For more information or to receive our newsletter of events, email dublin40somethings@gmail.com or ring Declan on 0877608268 or Linda on 0857541696.
If you would like to consider becoming a blood donor contact the Irish Blood Transfusion Service which is located at the National Blood Centre in James St. The telephone number is 4322800 and the web site address is www.giveblood.ie.
The Lassus Scholars and Piccolo Lasso Choir will sing at the 10am Mass on Sunday March 6th. This choir is directed by Ite O’Donovan.
DARKNESS INTO LIGHT 5 K EVENTS:
4.30pm on Saturday 7th May, 2011 in the Phoenix Park Dublin. Registration on line from Monday 14th February , 2011 @ darknessintolight.pieta.ie or by post to Pieta House, Lucan Road, Lucan, Co. Dublin .This is a symbolic event to give hope to those affected by Suicide and Self-Harm
The Annual Dublin Diocesan Pilgrimage to Lourdes will take place Wed. 7th Sept. – Mon. 12th Sept. Map travel have accommodation in the Hotel Moderne which is a 4 star hotel superbly located just 50 meters from the Sanctuaries. All its 106 rooms have been recently refurbished. It has its own restaurant and bar. The cost is €649.00 which includes a full religious programme during your stay, flights, transfers,5 nights accommodation sharing twin room on a full board basis and. For further information please contact Map Travel at
8783111 or email info@maptravel.ie.
An allocation of 170 places on the Special Section for the Sick this September. Parishioners who are ill are invited to participate in this Diocesan Pilgrimage. For further details contact the Pilgrimage Office at Tel: 01 8376820.Email:geraldinehanley@eircom.net
Inner Wellbeing –
Retreats for Spiritual Care in Busy Lives will take place on All Hallows College on Thursday and Friday 24th & 25th February. Also, a Developing Parish Annual Seminar entitled Honesty, Healing & Hope and will run on 28th February and 1st March. Baroness Nuala O’Loan will be giving the keynote address. She will also give a Public Lecture at 7pm on 28th February. No pre-booking is necessary for the Public lecture. Further details and booking information:
http://www.allhallows.ie/developing-parish-2011-seminar-honesty-healing-a-hope-with-baroness-nuala-oloan.html
A Mid-term Animation Camp will take place In Nullamore Club, Richmond Avenue South (opposite Milltown Luas) on Thursday 24th and Friday 25th February from 9.30am until 3pm This camp is for boys in 3rd, 4th, 5th and 6th class. The cost is €45. At this course you will create your very own animation movie!! Learn how to do everything involved in the process: making the models, creating the set, animating the figures, editing the movie and adding voice-over.....and then bringing it home on DVD! For more information see www.nullamore.com or call 01 4971239.
