I posted this minutes ago and it promptly disappeared into a black hole. Here goes again:
It appears Anglo Irish lent two New York Jews hundreds of millions, and agreed to a clause in the contract that any disagreement on repayment would be decided by a Jewish religious court. Yeah, that makes good business sense. I'm sure the taxpayer has nothing to worry about.
Just as well we had bank supervision, or who knows what they might have done.
Future of Anglo's $393m Loan In The Hands of Rabbis



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