Bank guarantee the 'stupidest own-goal in history'

An expert in bank regulation says Ireland's bank guarantee was the "stupidest own-goal in history".

Bank guarantee the 'stupidest own-goal in history'
Thu, 05 Feb, 2015 - 11:22

An expert in bank regulation says Ireland's bank guarantee was the "stupidest own-goal in history".

However, Professor Bill Black of the University of Missouri-Kansas City added he understood why politicians made the decisions they did.

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