EU is also in the dock over Anglo

HOW many bondholders in Anglo Irish Bank had their bondholding converted to a “deposit” between March 17, 2007, the day the Anglo Irish Bank bubble burst, and September 30, 2008, the day the two Brians underwrote all deposits and bondholdings in Anglo?

The issue of who are the senior bondholders, junior bondholders and major institutional depositors in Anglo has, so far, remained a ‘market sensitive’ secret.

Depositors, so we can be clear, receive a very modest return on their investment as a result of their non-risky, conservative disposition.