Anglo fiasco is Ireland’s Enron
The fiasco at Anglo Irish affects Ireland as a going concern and those responsible must be pursued
Anglo Irish Bank is Ireland’s Enron, and those responsible for destroying shareholders’ assets should be pursued accordingly. It’s not just the shareholders: the system has also failed the people miserably. We are now in a position where nobody trusts us. The minute Anglo was nationalised, the risk on Irish government debt jumped significantly because this disaster will be paid for by all of us. Our national debt has just - effectively - doubled and dodgy...
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