Friday 15 December 2017

Laura Noonan: Hangover from Anglo all comes down to the price of a pint

Laura Noonan

Laura Noonan

IN pubs, clubs and funeral homes all across Ireland, people are talking about what the Government should do with Anglo Irish Bank's battle-hardened bondholders.

But while debates on Anglo's debt rage from Dingle to Donegal, few topics of such import have ever been so greatly misunderstood.

And needlessly misunderstood too because, once you pare back the jargon, the situation with Anglo is actually so simple every man, woman and child in the country should be able to understand it.

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