Selasa, 25 Juni 2013

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Anglo Irish bailout tapes released

Anglo Irish headquarters in DublinAnglo Irish sought a government bailout in 2008

Executives at Anglo Irish bank have denied misleading Irish authorities during the 2008 financial crisis, following the release of taped internal phone conversations.

The recordings reveal executives discussing the size of a government rescue plan, suggesting they were down-playing the sums of money needed.

The government is now facing calls for an inquiry.

Anglo Irish was the first Irish bank to seek government help in 2008.



Source: BBC News - Business http://www.bbc.co.uk/news/business-23043583#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa