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Momentous Year From Bad To Worse...

A momentous year which went from bad to worse... Siobhan Creaton uses the alphabet to summarise the main events of what proved to be a tumultuous year for Ireland A The nightmare that is Anglo Irish Bank continued in 2010 when its staggering €35bn of bad loans finally bankrupted the country. Some of the bank's top brass were arrested and questioned by gardai, and the Director for Public Prosecutions will decide next year whether they will face charges for their recklessness. Sean FitzPatrick did suffer the humiliation of being made bankrupt while his protege David Drumm filed for bankruptcy in the US where he may fare better in the long run. For many months politicians dithered and differed over how to solve the Anglo problem before finally agreeing to wind it down. So in 2011 Anglo Irish Bank will disappear forever but Irish taxpayers will be paying for its failure for many years to come. B 2010 will go down in history as the year when Ireland agreed to take an €85bn bailout from ...