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Thursday, September 30, 2010

Irish Bank bailout looming

Thursday, September 30, 2010
Irish Bank bailout looming Ireland Central Bank said that Anglo Irish Bank Corp and Allied Irish Banks PLC may need nearly $20.0 billion in extra capital. Both banks might receive up to €14.3 billion as the bank. The total cost of the bailout might rise to around 50 billion euros according to the figures published today by the finance ministry and the central bank. Anglo bank might need

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