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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Anglo Irish

Anglo Irish stories: 1 news summaries

Ireland Buys 75% of Troubled Lender in Banks Bailout

Anglo Irish goes into taxpayers' hands after scandal

Dec 22, 08 4:33 AM CST
(Newser) - Ireland became the latest nation to partially nationalize struggling banks last night, buying 75% of the deeply troubled Anglo Irish Bank and bailing out others, reports the Financial Times. The bank, whose shares had already dropped 95% from bad mortgage debts, suffered a further blow last week when its CEO ... More »

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Ireland • mortgage debt • banking • Irish economy • rescue package • recapitalization • Anglo Irish

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