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Time for ministers to show gumption and stand up to the banks

Let's replace AIB with a lender that will help rebuild the economy, says Stephen Donnelly

ON Thursday last in the Dail, Eamon Gilmore was asked by Shane Ross if he saw any problem with AIB paying out a billion euro to bondholders on Monday, and then jacking up variable mortgages rates two days later -- the second such rate hike in just a few weeks.

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