Anglo losses

Inspired by a visualisation done last year of $1 trillion, I spent a little time playing with Google Sketchup to try and understand just how much money Anglo (ie the public) is expected to lose in its latest fiscal year. So I started with the average male as used in Sketchup (let’s call him Seanie) and drew him next to €1 million in €100 bills, to scale:

Screen shot 2010-03-19 at 10.29.52

Next here’s Seanie next to €10 million:

Screen shot 2010-03-19 at 10.33.34

And now Seanie next to €100 million, on a standard euro sized pallet:

Screen shot 2010-03-19 at 10.35.06

And oh yes, Seanie next to €1 billion, in cool hard cash:

Screen shot 2010-03-19 at 10.36.52

And finally, Seanie next to the lower end projected losses for Anglo: €11 billion:

Screen shot 2010-03-19 at 10.39.45

Nice.

22 thoughts on “Anglo losses”

  1. That’s cool and all, but what I’d really like to know is how many roads, schools, hospitals, parks, renewable energy projects, universities, etc. could we have built with all that cash.

  2. I don’t know what a tracker mortgage is………

    but I do know some people in the regulators department royally fu**ed up. Are these the same people that got a reduced pay reduction bcos they lost there bonus

  3. Just imagine if, the Government borrowed this amount, say back before the bubble started to inflate, and used it for productive purposes, How prosperous the country would be now.

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  5. “can you complete this to include the total projected losses to be burdened by the Irish tax payer for all the banks”

    Steady on there – I’ve only got a 17″ screen.

  6. Remind me to send a thank-you note to Messers Lenihan and Cowen for writing that unlimited guarantee for Anglo and the rest in Sept 2008. Nice work guys. I’m sure my grandchildren will thank you once they clear off the debt.

  7. Maybe we could have the Gold Circle members included in the illustrations – along with their politically connected friends and their debts to us too.

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