Lenihan: Cost of Anglo bail-out to be revealed next month

The Finance Minister Brian Lenihan has said the final cost of bailing out Anglo Irish Bank will not be known until next month.

Lenihan: Cost of Anglo bail-out to be revealed next month
Wed, 08 Sep, 2010 - 19:06

The Finance Minister Brian Lenihan has said the final cost of bailing out Anglo Irish Bank will not be known until next month.

Mr Lenihan today announced that the institution will be split into a Funding Bank and an Asset Recovery Bank as part of the process of winding down Anglo.

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CourtsAnglo Irish BankPlace: BrusselsPlace: IrelandPlace: EuropePerson: LenihanPerson: Finance MinisterPerson: Brian LenihanPerson: thePerson: CommissionerPerson: Joaquin AlmuniaPerson: AlmuniaPerson: Enda KennyPerson: Michael NoonanPerson: Joan BurtonPerson: Arthur MorganPerson: MorganOrganisation: Anglo Irish BankOrganisation: Funding BankOrganisation: Asset Recovery BankOrganisation: AngloOrganisation: Anglo-Irish BankOrganisation: European CommissionOrganisation: ECOrganisation: AssetsOrganisation: Department of FinanceOrganisation: Fine GaelOrganisation: IrelandOrganisation: Sinn FéinOrganisation: Dáil
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