The Anglo Irish Bank Corporation Act 2009 is a piece of emergency legislation composed by the Irish government in January 2009. The Act provides for the emergency nationalisation of Anglo Irish Bank which had been subject to a controversy regarding hidden loans in December 2008. It was voted through Dáil Éireann, being approved by 79 – 67 before passing in Seanad Éireann without a vote on 20 January 2009. President Mary McAleese then signed the Anglo Irish Bank Bill at Áras an Uachtaráin on 21 January 2009. The bank's shares had decreased dramatically on the stock exchange in previous days. At the time of its nationalisation, Anglo Irish Bank had 7,000 loan customers, of whom 5,000 were Irish.
Famous quotes containing the words anglo, irish, bank, corporation and/or act:
“Few white citizens are acquainted with blacks other than those projected by the media and the socalled educational system, which is nothing more than a system of rewards and punishments based upon ones ability to pledge loyalty oaths to Anglo culture. The media and the educational system are the prime sources of racism in the United States.”
—Ishmael Reed (b. 1938)
“The difference of the English and Irish character is nowhere more plainly discerned than in their respective kitchens. With the former, this apartment is probably the cleanest, and certainly the most orderly, in the house.... An Irish kitchen ... is usually a temple dedicated to the goddess of disorder; and, too often, joined with her, is the potent deity of dirt.”
—Anthony Trollope (18151882)
“Denouement to denouement, he took a personal pride in the
certain, certain way he lived his own, private life,
but nevertheless, they shut off his gas; nevertheless,
the bank foreclosed; nevertheless, the landlord called;
nevertheless, the radio broke,
And twelve oclock arrived just once too often,”
—Kenneth Fearing (19021961)
“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (18171862)
“Alls pathos now. The body that was gross,
Rank, ravenous, disgusting in the act or in repose,
All fever, filth and sweat, its bestial strength
And bestial decay, by pain and labour grows at length
Fragile and luminous.”
—Frank Templeton Prince (b. 1912)