Minister Ryan – Nothing less than a fool

Anglo Irish Bank has now been sorted by the Government. The directors have all been paid off with massive golden handshakes and the billions owed by property developers will be paid by taxpayers.

Green Party Minister Eamon Ryan has said the top 15 customers in Anglo Irish Bank who each owe €500 million will be pursued to repay the debts in full.

This is not going to happen and the minister is nothing less than a fool to make such an assertion.

The billions owed by property developers to AIB and BOI will now have to be dealt with and the strategy will be the same. The directors will receive massive pay offs and all liabilities will be transferred over to taxpayers.