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Irish Government take over Anglo Irish Bank

Posted 17/01/2009 - 06:31 by Anonymous

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2009-01-16 (All day)
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http://www.telegraph.co.u...

[continued]
Ireland's six main lenders, including Anglo Irish, Bank of Ireland and Allied Irish Banks, have just €39bn in speculative property loans. The Government will now push ahead with giving Allied Irish Bank and Bank of Ireland €2bn each in recapitalisation.