Champions League: Germany Mauls Pep Guardiola While Spain Toasts Real MadridBy Raquel V��lez Garc��aApril 30, 2014 12:30 BSTReal Madrid's Cristiano Ronaldo celebrates with Gareth Bale (L) after scoring a goal against Bayern Munich during their Champion's League semi-final second leg soccer match in Munich April 29, 2014.ReutersCarlo Ancelotti's Real Madrid galacticos are on course to make history after qualifying for their first Champions League final in 12 years,Nike Air Max 2014 Womens, routing a dismal Bayern Munich side at the Allianz Arena.The Spanish and international press lavished praise on Los Blancos as they were vastly superior to Bayern, and once again heaped scorn on Pep Guardiola.The world's media even claimed Guardiola, revered as one of football's most innovative coaches, ran out of ideas - and has ruined the work of his Bayern predecessor Jupp Heynckes.Madrid-based Daily AS roared: "[Karl-Heinz] Rummenigge was right: Munich burned," Marca was more euphoric,Nike Air Max 90 Womens Blue UK, saying: "A colossal Madrid crushed Bayern and pulverised the Champions League goalscoring record", a reference to the fact Madrid have scored more goals in a single Champions League season that any other team in the competition's history.Catalan newspaper Sport claimed: "Madrid humiliate Bayern and Guardiola", adding
d with slogans of support for the fallen Quinn, whose empire, taking in cement, insurance, wind farms and glass, was the biggest local employer. "Jail the bankers," reads one, in response to the Irish courts' decision to throw Quinn in prison for his (notable) role in the crisis.Pro-Quinn sentiment isn't the norm; elsewhere on the island he's widely viewed as a gambler who made one bet too far.Whelan also escaped jailAFPBut even so, it's hard to imagine anyone placing signs on the road in response to the convictions of McAteer and Whelan.The Irish Central Bank,Nike Air Max 2012 Womens Red White, when contacted by the IBTimes UK, said that the summation of the judge in this week's trial implied that the sector is much more responsible six years on."The Central Bank notes the court's comments on the Irish Financial Services Regulatory Authority's actions at the time of the Anglo Irish Bank share purchase transaction in July 2008. The Central Bank has substantially strengthened Ireland's capacity in financial regulation and supervision over the past number of years and introduced sweeping changes in supervisory practices. It is confident that the shortcomings identified by the court would not recur today," said a spokesperson for the bank.But the perception among many is that the,Nike Air Max 2012 Womens Blue Grey Black, aside from the scandals, the banking sector (the commercial sector at least) is still failing to meet its most basic criteria: supporting local people and businesses.Irish EconomyThe crisis sparked a wave of redundancies among Irish banks, as they consolidated their balance sheets.Ireland's small business owners feel they are the ones most affected by this, with regional staff having lost the authority and skills required to lend money.For consumers, the situation is equally bleak. In March, it was reported that the amount of mortgage and consumer credit available fell to its lowest level since July 2005.Simultaneously, the Irish property market grew 7.2% in the first quarter of this year, with the Society of Chartered Surveyors of Ireland reporting that property values are growing at their fastest rate since 2006.Politicians are quick to leap on this as a sign of recovery, but it has the hallmarks of the early stage of a property bubble: high demand plus low stock equals high prices.The fear is that the Irish consumer has been forgotten amid all the talk of recovery: unable to get bank credit, leaving the market open for institutional investors (many American) to carve up among them.McAteer, Whelan and Fitzpatrick have become to Ireland what Bob Diamond and Fred Goodwin were to Britain. But as with the UK's banking sector, the latter escaped with only their reputations in shreds.For the Irish banking sector, with a full enquiry into the Anglo scandal now expected, the road back is unlikely to be nearly so forgiving.