BRAVO. There was blood on the carpet. The old Anglo board retired with a whimper.
Giants of the Irish corporate world were toppled. Gary McGann, chairman of the troubled DAA was gone; Ned Sullivan, chairman of Greencore was gone; Michael Jacob, a 20-year veteran of the Anglo adventure, was gone.
Finance Minister Brian Lenihan’s claim to be putting “clear blue water” between the “old” and “new” Anglo Irish Banks was gaining credibility. Bankers were finally falling on their swords.