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John Browne

An economy closed for remodeling

At the start of last week, Wall Street effectively was closed for commercial business awaiting major remodeling by the government or private investment. Without major restructuring it was likely many financial houses would fail.

Financial Crisis Dow Jones suffers biggest decline in 20 years

US stocks have suffered their biggest one day decline in over 20 years as fears grew that central bank moves to rescue ailing financial markets would prove insufficient to avert a global recession. By Jonathan Sibun, Angela...

Congress Charges Commission

Faced with an imminent financial meltdown and a looming depression, one might have expected Congress, inspired with a rush of patriotism, to have stepped vigorously to the plate to pass Paulson's rescue package without delay.

Fuel price-fixing alleged in Enniscorthy

Oct 8, 2008

Wexford TD John Browne has told a Dáil committee that petrol retailers in Enniscorthy meet to set minimum prices for fuel. Deputy Browne, who is a former Minister of State and worked in the oil business for 20 years, made his...

British PM Gordon Brown shakes up government

British PM Gordon Brown shakes up government : British Prime Minister Gordon Brown reached into the past in a bid to save his future Friday, recruiting stars from the Tony Blair era into his Cabinet. In the biggest surprise,...

Cabinet reshuffle Gordon Brown's new Government

These are the confirmed positions in Gordon Brown's new Cabinet, following the reshuffle. Other posts are still to be confirmed. Prime Minister, First Lord of the Treasury and Minister for the Civil Service: Gordon Brown...

British PM Brown names new cabinet with political starts from Tony Blair era

LONDON - British Prime Minister Gordon Brown reached into the past in a bid to save his future Friday, recruiting stars from the Tony Blair era into his cabinet. In the biggest surprise, officials ...

Brown convenes economic 'war cabinet' to help UK through credit crunch

Prime minister appoints Paul Myners, chairman of Land Securities and Guardian Media Group, as City minister Gordon Brown has convened an economic war cabinet to bolster Britain against the increasingly turbulent conditions in...

Fury at Bertie’s €68,000 goodbye package

By Michael Brennan Political Correspondent Tuesday September 30 2008 FORMER Taoiseach Bertie Ahern has received a ‘golden parachute’ package which is nearly twice the average annual industrial wage. Since stepping down...

Making the rich richer

By John Browne Sunday, September 28, 2008 Today, money is on everyone's mind. The situation was so bad that it persuaded Treasury Secretary Henry Paulson that free-market capitalism on Wall Street was no longer up to the...

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