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About: Anglo Irish Bank Corporation Act 2009     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatFinancialServicesInTheRepublicOfIreland, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: musical workyago:Abstraction100002137yago:Act100030358yago:Act106532095yago:Activity100407535yago:Communication100033020yago:Document106470073yago:Event100029378yago:LegalDocument106479665yago:PsychologicalFeature100023100yago:Work100575741yago:Writing106362953yago:WrittenCommunication106349220yago:YagoPermanentlyLocatedEntityyago:Service100577525yago:WikicatActsOfTheOireachtas2009yago:WikicatFinancialServicesInTheRepublicOfIreland New Facet based on Instances of this Class

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 approved in the Dáil by a vote of 79 to 67, before passing in the Seanad without a vote on 20 January 2009. It was then signed by President Mary McAleese 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.