Thursday 16 June 2011

Anglo Irish Senior Bondholders Should Share Losses, Finance Minister Says

http://www.bloomberg.com/news/2011-06-15/noonan-says-anglo-irish-senior-bondholders-should-share-losses.html

“We don’t think the Irish taxpayer should redeem what has become speculative investment -- we don’t believe it should be redeemed at par,” Noonan said. He said the IMF “understood our position fully.”

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