Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
One of the most astonishing figures to emerge is the €28 Billion of toxic assets to be bought from Anglo-Irish Bank - a small property development/business bank - with almost no public footprint.  It was nationalised when the crisis was at its height.  To put this in context, €28 Billion is c. one sixth of Ireland's GDP this year....

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Sep 16th, 2009 at 01:30:06 PM EST

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