Dublin headquarters of the Anglo Irish Bank Corp., which has been called the world’s worst bank, may be converted into a coffee shop.
According to city authorities, building owner Irish Life Group Ltd applied to convert the ground floor of the brick building that overlooks St. Stephen’s Green in Dublin to a coffee shop. Landlord Stephen Court Ltd, a unit of Irish Life, told planners in December of plans to change the ground floor.
Bobby Kerr, chairman of Insomnia, a coffee chain with over 60 locations in Ireland said, “We could have a lot of fun thinking of different names for the coffees.”
He told the Cape Code Times if permission is granted for the plans, “I’d ask how much the rent is and can I make a bid on it.”
The Anglo Irish headquarters has been a site for angry demonstrations during which people protested irresponsible lenders and the 30 million euro government bailout that cost each Irish citizen more than $8,850. The headquarters became a symbol for Ireland’s recent financial crisis that helped lead to a controversial 67.5 billion euro international bailout for Ireland.
According to Anglo Irish, which has been renamed the Irish Banking Resolution Corporation, the bank left the Dublin building during the fourth quarter of 2012. The bank’s signs had been taken down in April of 2011 and the process was shown on RTE, Ireland’s national television broadcaster. The bank letters are now on display in the National Museum of Ireland in Dublin.
The bank had been planning to lease new headquarters in 2009 when the financial crisis started. CEO David Drumm stepped down and moved to Chatham. As the bank continued to incur loan losses, Eamon Gilmore, currently deputy prime minister, called them the worst bank in the world in 2010.
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Switch to the desktop site to post a comment.Gordan Duggan | Feb 06, 2013, 06:18 PM EST
10.30 pm in Dublin and the Irish Government and Senate are meeting In Irish Parliament and Senate to pass Emergency Legislation to LIQUIDATE the former ANGLO IRISH BANK thereby reducing Ireland's debt. President Michael D. Higgins is returning from a State Visit to Italy to sign any legislation that will be needed.Negotiations are also going with the ECB to stretch Ireland's debt over a longer number of years thereby giving the Irish people some financial relief. The tv, radio stations and newspapers are staying on alert all night to get any breaking news. Will try to report on any news to you. Good night Irish Voice.
Gordan Duggan | Feb 06, 2013, 05:49 PM EST
10.30 pm in Dublin and the Irish Government and Senate are meeting In Irish Parliament and Senate to pass Emergency Legislation to LIQUIDATE the former ANGLO IRISH BANK thereby reducing Ireland's debt. President Michael D. Higgins is returning from a State Visit to Italy to sign any legislation that will be needed.Negotiations are also going with the ECB to stretch Ireland's debt over a longer number of years thereby giving the Irish people some financial relief. The tv, radio stations and newspapers are staying on alert all night to get any breaking news. Will try to report on any news to you. Good night Irish Voice.
Gordan Duggan | Feb 06, 2013, 05:40 PM EST
10.30 pm in Dublin and the Irish Government and Senate are meeting In Irish Parliament and Senate to pass Emergency Legislation to LIQUIDATE the former ANGLO IRISH BANK thereby reducing Ireland's debt. President Michael D. Higgins is returning from a State Visit to Italy to sign any legislation that will be needed.Negotiations are also going with the ECB to stretch Ireland's debt over a longer number of years thereby giving the Irish people some financial relief. The tv, radio stations and newspapers are staying on alert all night to get any breaking news. Will try to report on any news to you. Good night Irish Voice.
Happyhippo | Feb 05, 2013, 05:03 PM EST
Maybe theres a lesson there fasteddy,instead of asset stripping we could instead have have stripping asses.
FastEddy | Feb 05, 2013, 01:13 PM EST
Better: During the Savings and Loan "crisis" here in Taxifornia, the biggest offender had its entire HQ building converted into a strip club ... fitting, and a whole lot more fun ...
CaoimhinMc | Feb 05, 2013, 11:02 AM EST
It should be turned into a museum showing the Greed and corruption of Irelands Politicians, Bankers and elite. Emphasizing the shameful effects this corrupt den of thief's has inflicted on the elderly, the sick, the poor and the young people of this once proud nation of no more. Make no mistake by forcing the Irish people to pay the gambling Billions of depths of this failed bank of thief’s, is Treason of the highest order. While I type they have sold and are in the process of selling of most of our sovereign assets to foreign financial vampers, some of whom probably gambled in Anglo Irish’s high yield unsecured Bonds in the first place. Its all the sadder when us Irish go down without a fight [bar the 50,000 odd out of 4 million who regularly protest including myself] which will lead to us as a race returning to what we were for 800 year “Serfs to our Masters” The present bunch of Masons are just as guilty as there predecessors.