there's a weird spin going on here. "Anglo was bailed out to save the debtors"
. Seems that Brian Lucey isn't the only one who gets assets and liabilities mixed up. Any student with an outstanding Xtravision account knows having your creditors on the rack isn't the worst thing in the world
Another major high-profile group not present includes industrialists: the sort of people who borrow money to invest in factories and other projects that create jobs. While many industrialists prefer to stay under the radar and do not seek publicity, the country's leading industrialists are certainly high-profile
ehh, Ardagh - one of the largest Anglo borrowershttp://www.thesundaytimes.co.uk/sto/new ... 403444.ece
As part of the new refinancing deal that will transform the packaging group, the firm will pay off all its Anglo Irish Bank debts, a total of €380m
The country's best-known retailers are also noticeably absent. In retrospect, this should not be too surprising. Very few major retailers built shops, preferring instead to rent retail space from developers
Catholics will probably be annoyed that their donations have gone to waste while Protestants might wonder whether they are excluded from Ireland's cosy golf club financial community.
I'm sure Mathesons, Frys et al will get over it.