YOU STUPID BANKERS ; Anglo Irish let staff play property market with huge loans..which they CAN'T pay back

Daily MirrorJune 10, 2009

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Summary


SENIOR staff at Anglo Irish Bank played the property market by getting loans that they can't pay back, it was revealed yesterday.

A Dail Committee heard managers became involved in land deals and were given loans that are now impaired.

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Extract


YOU STUPID BANKERS ; Anglo Irish let staff play property market with huge loans..which they CAN'T pay back

The bank's executive chairman Donal O'Connor confirmed these employees cannot repay the debts - but c...

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