Crisis Calls for Gutsy Leader, We Get Cowen ; Comment

Summary


THE global banking crisis got closer to home yesterday, with shares in all the major Irish banks plummeting to new lows and - for the first time - one of the Irish 'big four' admitting that its bad debts are going to increase substantially as householders struggle to repay their mortgages.

Taoiseach Brian Cowen's response? A deafening silence.

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Extract


Crisis Calls for Gutsy Leader, We Get Cowen ; Comment

Britain's Chancellor Alastair Darling walked himself into the political soup last month by speaking out. But at least he said something; and, incide...

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