David Drumm trial hears that in banking slang 'a yard' means 'a billion'

A former Anglo Irish Bank executive said “all those guys supposed to do us special favours” had fallen away by September 2008, leaving only Irish Life and Permanent as a viable option for a back to back loan, a court has heard.

David Drumm trial hears that in banking slang 'a yard' means 'a billion'
Tue, 20 Mar, 2018 - 18:27

By Sarah-Jane Murphy

A former Anglo Irish Bank executive said “all those guys supposed to do us special favours” had fallen away by September 2008, leaving only Irish Life and Permanent as a viable option for a back to back loan, a court has heard.

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