Anglo Irish When will govt assess value of company and advise shareholders?

[lemeister]

After nationalising Anglo Irish, the goverment said they would pay shareholders a sum if they deemed there to be any value in the bank (I would suspect not).
Have they actually advised when they are going to make this assessment and advise shareholders? If they haven't advised anything by year end, will shareholders be able to offset their full loss on this shares against any gains they have made on other shares?

 

[roro123]

The Government have said a lot of things that they have retracted or changed their view on. They won't compensate shareholders, they just said that to spin another load of semi palitable bull. If they ever refloated anglo there would be an entirely new share issue and the old shareholders would be left behind. The problem is that Anglos liabilities far exceeded their capital, and the shares didn't represent any value when they were nationalised. The only reason for the nationalisation was to prevent a domino effect with the other banks, and to hide the truth from the market.