Anglo Irish Bank - High time to stop the secret deals

When the Dáil reconvenes in special session tomorrow, it will be faced with passing legislation to nationalise Anglo Irish Bank.

The Anglo Irish Bank Bill, 2009, was published on Thursday night.

It proposes the appointment of an independent assessor to recommend a “fair and reasonable” sum for the bank’s shares. The declining value of those shares may well comprise a large proportion of the savings of people who have worked and saved for years to fund their retirement.