The call came on Wednesday, February 6, 2012. It quickly set in train a sequence of events that would stun the financial markets, shock the political establishment and add up to a massive gamble by the Irish government.
With the European Central Bank locked in talks in Frankfurt over a reshaping of Ireland's banking debt, word started seeping out that the state was poised to liquidate the Irish Bank Resolution Corporation (IBRC), the financial institution established to...
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