Tuesday 6 December 2016

Bank bondholders taking us all for fools

Published 02/04/2011 | 05:00

As I read yesterday's paper I struggled to identify the "annual" April Fool's joke. Was it the additional €24bn to be pumped into the banks? Was it the claim of a new era for the banks? But then I realised it was the piece about the bank bondholders not sharing in the bank debts.

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Patrick Murdock
Newry

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