Spinning and the bondholder burden

So there I was watching Leo Varadkar on Vincent Browne's show last Wednesday night, and I thought I heard him say that Anglo Irish Bank could fund its bond repayments out of its "own resources". It wa

30th October, 2011

So there I was watching Leo Varadkar on Vincent Browne's show last Wednesday night, and I thought I heard him say that Anglo Irish Bank could fund its bond repayments out of its "own resources". It was late, though, and I could have misheard him. But no, the power of being able to wind back your TV is that you can check . . . and there it was.

What a ludicrous thing to say. And worse still,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago