Anglo shareholders should ask plenty of questions

Anglo Irish Bank’s share holders meet at an extraordinary general meeting on Friday, when they will be asked to approve the state injection of €1.5 billion in preference shares.

10th January, 2009

Anglo Irish Bank’s share holders meet at an extraordinary general meeting on Friday, when they will be asked to approve the state injection of €1.5 billion in preference shares. With no other option on the horizon, the shareholders will presumably vote the investment through.

However, it remains to be seen whether the new chairman, former PricewaterhouseCoopers accountant Donal O’Connor, will give any further details on the controversy surrounding the loans granted to former...

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