16 questions for Anglo Irish board

ANGLO IRISH Bank shareholders are set to attend an EGM on Fridayat 10am at Dublin’s Mansion House primarily to vote on the proposed €1.5bn recapitalisation package from the Government, which would give it a 75% stake in the bank.

The plan was detailed in December along with the State’s plans to recapitalise AIB and BoI which was formally approved by the European Commission yesterday. Shareholders are eager for answers to many questions, including

1. If the Financial Regulator’s office first discovered Anglo’s directors’ loans on Irish Nationwide's books as far back as September 2007, as it admitted this week, why was nothing done about the situation sooner?