The big news today is that the Irish Life and Permanent Group has suspended its shares and looks like it is on its way into State Ownership. But over the last few years we have been told that they were OK because they did not get involved with Property Developers and risky Commercial Loans. So where has it all gone wrong for IL & P? and more importantly where do their customers now stand?
Where did it all go wrong for Irish Life and Permanent?
Posted on by Stephen Hamilton
- Posted in
- Bad Banks, Dealing with Debt, Life Assurance, Mortgages