Depending on what way you look at it, the rapid-fire liquidation of the former Anglo Irish Bank either helped reinvigorate an ailing economy or facilitated an extraordinary transfer of Irish assets to a small number of global hedge funds. In truth, the liquidation achieved both of those things – and much more besides. Certainly, it managed to put a floor on the value of Irish assets, and the fact that such a large volume of debt and loans were sold in such a short period of time wetted the interest of some of the world’s largest investors. When the bank…

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