Spotlighton society’s secrets

With all the attention on Anglo Irish Bank, the €5.4 billion fiasco at Irish Nationwide has managed to avoid the spotlight to a certain extent, writes Richard Curran

12th March, 2011

Investigations, probes, court cases and bankruptcy proceedings have been the hallmarks of the last two years at Anglo Irish Bank.

The bete noire of the Irish banking system, destined to cost the taxpayer around €30 billion, has attracted most of the attention when it comes to the banking crisis.

With so much newsprint and airtime going on Anglo, the €5.4 billion bill to the taxpayer generated by the demise of Irish Nationwide Building Society (INBS)...

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