Revealed: Noonan’s other secret plan for Anglo

Revealed: Noonan’s other secret plan for Anglo

Patrick Honohan, the governor of the Central Bank of Ireland, wrote to Minister for Finance Michael Noonan on April 17, 2012 warning him that that there was a “closing window of opportunity” to decide how to deal with the former Anglo Irish Bank.

Documents released under the Freedom of Information Act reveal the attempts by the state to tackle the toxic bank’s debt mountain in a controlled manner in the year prior to the dramatic decision to...

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