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Sat 10 Oct 2008Cowen warns against abuse of scheme
GOVERNMENT GUARANTEE:TAOISEACH BRIAN Cowen last night warned that the Government would not tolerate any abuse by the country's banks of its €400 billion deposit guarantee scheme to gain competitive advantage over other financial institutions.
Mr Cowen said that the action of Michael Fingleton jnr, son of Irish Nationwide Chief Executive Michael Fingleton, in sending an e-mail seeking deposits, citing the Government's guarantee plan, was "not acceptable behaviour".
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