Bank of Ireland: the financial ruination of the Catholic Church, the Free Masons and Cancer Research in Ireland!

At least financially, according to a report published today. The bank that insists it needs no help will likely be the focus of prayers in Rome and throughout Ireland in the hope it's worsening share price and the enormous negative effect it is having on the Church, Charity and medical advances can be reversed. No small matter indeed.

The management of Bank of Ireland must be extremely proud of the fact that their excellent management and business acumen saw their share price close at 43c on Friday down from a high point (2007) of nearly €19 per share. To an outsider it might appear likely that the Bank of Ireland Management went to the same school as those politicians running the country. Both seem to have performed equally well - at least in their own minds as both continue to talk positively about their achievements. Isn't it time we recognised their superb achievements with perhaps a whip around to reward them all? Perhaps a junket for all of them to some far away place and most certainly on a one way ticket.

However, those managing the investment portfolios of the Catholic Church, the Masons in Ireland and all those charitable organisations who have lost substantial sums of money must certainly also point a finger at themselves. Ireland had become one big giant pyramid scheme. If the consequences were not so serious it would be funny in the extreme.

For any organization faced with losing so much money it is damming that all of them continued to stand on the sidelines and listen to and believe all the bullsh*t the banks, the construction sector and politicians were telling us all - that ‘the only way is up’.

Don't we all know well there's a Hell down there and 'what goes up must come down'? Shame on the financial managers working for the Masons, the Church and all those charities for choosing to forget that.