Bowler takes a grilling but bank bash lacks egg-citment

NO eggs were thrown at the annual general meeting of Irish Life & Permanent in Dublin yesterday, but sadly the bank’s shareholders didn’t get to bring home the bacon either.

IL&P’s obligatory pantomime in Ballsbridge was less egg-citing than its AIB counterpart earlier this week, although shareholders turned out in force to ensure that something – or more precisely, someone – might be grilled over the dramatic downturn in the bank’s share price.

Certainly, many felt that chairperson Gillian Bowler and her board had made a right omelette of the institution’s recent performance, especially their failure to be aware of its controversial €7.5 billion loan to Anglo Irish Bank last September.