Telegraph
"Ireland was forced to complete a hat-trick of banking bail-outs yesterday after revealing that it had no choice but to inject €4bn (£3.5bn) into stricken lender Anglo Irish Bank. ....Ireland was forced to take over the country's third largest bank in January after customer and shareholder confidence collapsed in the face of a string of scandals. The board was purged earlier this year after it emerged that former chairman Sean FitzPatrick had kept shareholders in the dark about €84m worth of loans he had received from the bank. Other directors had loans worth €95m at the end of the year."
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