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Update: Bank bailout fears batter Ireland
The mounting cost of a giant bank bailout is pushing Ireland perilously close to sovereign debt crisis territory. The cost of insuring against a default on Irish government bonds jumped 4% Wednesday to...
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Bailout pressure builds on Ireland
Is Anglo Irish the world's most destructive bank? The reckless property lender was bailed out by the Irish government after the global credit bubble started deflating. But two years later, the toll...
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The world's dumbest banks
Ireland's disastrous banks continue to punch above their weight. Anglo Irish, the third-biggest Irish bank, announced this week that it expects to post a 2010 loss of 17.6 billion euros ($24 billion)....
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