So, why can’t AIB do for us what it did for its Bulgarian bank?
Published 27/06/2011 | 09:43
HOW generous of Allied Irish Banks to write off the hundreds of millions of euro from its Bulgarian bank – €216,000,000 paid and €100,000 received. Great investment – not!
Then AIB turns to us, the taxpayer, for €13.3bn more – presumably so it can pay its bondholders, bonuses, dividends, directors’ expenses, etc.
Would AIB show such generosity to hard-pressed mortgage holders, businesses and indebted people in Ireland?