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Fri 09 Sep 2008State would intervene in the unlikely event of bank collapse
IRISH SITUATIONThe Financial Regulator, while remaining vigilant, has set out to assure us that Irish banks can weather this storm, writes Simon Carswell
THE SPECTACULAR rescues of insurance giant AIG, investment bank Merrill Lynch and the UK's biggest mortgage lender, HBOS, earlier this week raise the question of whether any Irish bank is also too big to be allowed to fail and too crucial to the economy.
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