February 25th, 2009 
Before You Invest Countdown to raid on Anglo:May 2007 Anglo Irish Bank’s shares peak at more than €17 each
July 2008 A so-called “golden circle” of ten investors secretly buys a 10 per cent stake in the bank
September 30 Government unveils a €400 billion guarantee scheme for six banks, including Anglo Irish
December 18 Sean FitzPatrick, the chairman, resigns and admits he hid more than €80 million in secret loans from shareholders
Decemeber 19 David Drumm, the chief executive, resigns
December 21 Government recapitalises Anglo with €1.5 billion
December 29 Shares plummet to 12 cents
January 15, 2009 The Government is forced to nationalise Anglo
January 16 Shareholders call for the board to be sacked
January 19 Five board members resign
February 10 Irish Life & Permanent’s €7 billion deposit to boost Anglo’s balance sheet is revealed
February 20 Donal O’Connor, the new executive chairman, reveals that it gave loans worth €451 million to ten customers last year to buy shares in the bank.
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