ENCOURAGECHANGE.: Anglo, INBS restructuring threatened as “cute hoor” economics meets Wall Street savvy « NAMA Wine Lake

ENCOURAGECHANGE.: Anglo, INBS restructuring threatened as “cute hoor” economics meets Wall Street savvy « NAMA Wine Lake: "The complaint appears not yet to be online in the US courts system (and it is hoped that more detail can be attached here later today) but it seems that this action has the potential to stall, if not scupper, the government’s plans for the wind-down of Anglo. UPDATE (1): 15th February, 2011 According to Bloomberg (and credit to Gerard Sheehy for pointing it out), the case is Fir Tree Capital Opportunity Master Fund LP v. Anglo Irish Bank Corp., 11-CV-0955, Southern District of New York Manhattan and we hope to have the application details later today. UPDATE (2): 15th February, 2011."?POLITICAL PROMISES?