Reg Rage: Irish government backs banks with bad loan purchase -

Sorry, you appear to have JavaScript disabled. Please enable
JavaScript to use this tool.

Find out how to enable it for your browser:

Internet Explorer 7 or 8

Click the Tools menu.
Select Internet Options.
Click the Security tab.
Click the Custom Level button.
Scroll down until you see the 'Scripting' section. Select the 'Enable' radio button for 'Active Scripting'.
Click the OK button.
Click the Yes button in the confirmation window.
Refresh this page.

Firefox 3.0

Click the Tools menu.
Select Options.
Click the Contents tab.
Select the 'Enable JavaScript' checkbox.
Click the OK button.
Refresh this page.

Refresh

Michael Imeson Monday, 5 October 2009

By the end of the year, Ireland's government will start buying up €90bn of highly risky land and property loans, much to the relief of the country's struggling banks. Writer Michael Imeson

To continue reading, join our community and benefit from:

In-depth coverage across key markets
Comments from financial leaders and policymakers worldwide
Regional/country bank rankings and awards

Have an account? Sign In

Our Products:

Reg Rage: Irish government backs banks with bad loan purchase

To continue reading, join our community and benefit from: