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Mon 10 Oct 2010Too late now to burn Anglo's bondholders
OPINION:Reneging on this issue would completely shatter all confidence in the commitments given to the other Irish banks, says one bond investor, writes DAMIAN CHUNILAL
THE ANGLO Irish debacle has given rise to the view that bank bondholders should be called upon to share the burden of the Irish taxpayer and absorb losses, particularly in the case of Anglo Irish.
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