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European Salon de News, Discussion et Klatsch - 1 April | 94 comments (94 topical, editorial, 0 hidden)
Re: Economy and Finance (none / 1)
BBC News - Anglo Irish Bank reports record 12.7bn euros loss

Nationalised lender Anglo Irish Bank has announced what is reported to be the largest corporate loss in the history of the Republic of Ireland.

The struggling bank made a loss of 12.7bn euros ($17.2bn; £11.4bn) in the 15 months to December.

The announcement comes a day after the Irish government said it would inject a further 8.3bn euros into the bank.

Irish Finance Minister Brian Lenihan said pumping in more money was "the least worst option"



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Mar 31st, 2010 at 01:39:52 PM EST
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European Salon de News, Discussion et Klatsch - 1 April | 94 comments (94 topical, 0 editorial, 0 hidden)
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