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Laura Noonan: So why would Anglo spurn Drumm's offer of a €2m tip?

FROM the breathless coverage of David Drumm's lunge for bankruptcy last night, the casual observer could easily form the view that Anglo Irish Bank's chiefs are complete morons.

Drumm, the Anglo chief who led the bank to its collapse, had apparently offered it assets totalling €10m to clear debts of €8m.

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