Allied Irish Banks Plc, which needed a 21 billion-euro ($28.7 billion) taxpayer bailout, has approached the government about setting up an incentive plan to retain top executives before the government starts selling the lender, according to three people with knowledge of the matter.
Gerry Adams , president of Irish nationalist party Sinn Fein, is selling a clear message ahead of Ireland’s election this month: burn the bank bondholders and send the International Monetary Fund home.
After four decades fighting the British crown, Irish republican leader Gerry Adams has been given a job working for Queen Elizabeth II , forced by rules that allow him no other way to quit his seat in the U.K. Parliament.
Sinn Fein, which has nominated Martin McGuinness as its candidate in the Republic of Ireland’s presidential election, has secured enough votes from independent lawmakers to launch the bid, the Sunday Times reported.
Sinn Fein plans to stand Martin McGuinness as its candidate in the Republic of Ireland’s presidential election, the Cork-based Irish Examiner reported on its website today without saying where it got the information.
Sinn Fein’s Martin McGuinness has been formally declared as the party’s candidate for the Irish presidential election, McGuinness said in an interview with broadcaster RTE today. The formal declaration was made at a meeting of the party’s ruling executive.
Irish Prime Minister Brian Cowen ’s party lost a special election for a vacant parliamentary seat to a candidate who said he wants to “burn” holders of bank debt as the nation seeks an international bailout.