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Wed 10 Oct 2008State must be rewarded for banking guarantee
OPINION:BRIAN LENIHAN'S undertaking on our behalf early yesterday morning to guarantee all deposits with AIB, Bank of Ireland, Anglo-Irish Bank, Irish Life and Permanent, Irish Nationwide Building Society and the Educational Building Society was a massive favour to hugely wealthy financial institutions, writes Vincent Browne
It is a favour that must be rewarded by the State taking a majority shareholding in each of the financial institutions concerned.
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