Thursday 19 January 2017

Public deserves Anglo answers

Published 18/09/2010 | 05:00

How many bondholders in Anglo Irish Bank had their bondholding converted to a 'deposit' between March 17, 2007, the day the Anglo bubble burst, and September 30, 2008, the day Brian Cowen and Brian Lenihan underwrote all deposits and bond holdings in Anglo?

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The issue of who are the senior bondholders, junior bondholders and major institutional depositors in Anglo, has, so far, remained a 'market-sensitive' secret.

A depositor, so we can be clear, receives a very modest return on his or her investment, as a result of their non-risky conservative disposition.

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