Tag Archives: lunacy

Insolvent country in IMF bailout programme to pay 1% of its national income this week to unsecured, unguaranteed bondholders in world’s most bust bank

Reblogged from NAMA Wine Lake: “I put my cards face up on the table, saying, ‘Look, it’s no longer a bank. Anglo is now merged with Irish Nationwide. It’s a warehouse for impaired assets. Its deposit base has been moved … Continue reading

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