Chancellor Angela Merkel forcefully condemned on Friday the conduct of Irish bankers who were caught on tape joking about a bailout deal and mocking Germany, saying their actions were an insult to working people and damaged democracy.
Transcripts of telephone conversations from 2008 between bankers at Anglo Irish Bank have caused outrage in Ireland and beyond in recent days.
In the tapes they made light of the Irish government’s decision at the height of the global financial crisis to guarantee their liabilities and talk about demanding “moolah” – slang for money – from the country’s central bank.
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