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Archive Home > 2010 > December > 24 > Ireland puts $4.8B in Allied Irish Banks

Ireland puts $4.8B in Allied Irish Banks

By Liz Alderman / The Bulletin
December 24, 2010

Ireland moved on Thursday to accelerate the cleanup of its banking crisis, seizing majority control of Allied Irish Banks, once the country’s largest, and consolidating the government’s grip over nearly the entire Irish banking industry.

Using a new mandate that gives the government....

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