Banks may have got a haircut but taxpayers got scalped

IT is the bank that ate Ireland and now Anglo is back and more ravenous for cash than ever, gnawing on what’s left of the economic carcass of the nation.

Banks may have got a haircut but taxpayers got scalped

The two Brians looked frightened and lost, locked into the lethal embrace of the financial monster they could not stop themselves feeding with State funds.

They pumped €4bn into it in the hope it would go away, but that only aroused its appetite and now its back for another €8.3bn, then a probable €10bn, not to mention the €18bn from Nama underwritten by the taxpayer.

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