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Thu 02 Feb 2009Nationwide can't survive without State aid - Walsh
FORMER IRISH Nationwide Building Society (INBS) chairman Dr Michael Walsh believes the institution “cannot survive” without significant Government support and reorganisation, The Irish Times has learned.
Dr Walsh, who resigned from the INBS two days ago, believes that its board and ultimately Minister for Finance Brian Lenihan should be given an opportunity to provide it with new oversight and leadership.
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