Irish 'bad bank' to buy 81B euros in debt

Ireland's government-backed "bad bank" is taking on 16 billion euros ($21.5 billion) in debt from five troubled Irish banks -- a first step toward buying 81 billion euros ($109 billion) in bad loans, the government announced.

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LONDON, Sept 27 (Reuters) - Britain's biggest commercialfree-to-air broadcaster ITV Plc (ITV.L) is facing oppositionfrom leading shareholders over the possible appointment of SirCrispin Davis as chairman, the Sunday Telegraph reported. Investmentsin the Company should be considered speculative, and, prior to acquisition,should be thoroughly researched. For more information about Workscape, visit or call (888) 605-9620.Copyright 2009, Market Wire, All rights reserved.-0-. "They are doing a very good job of cutting expenses, thetax rate was much lower than people expected, that was thebeat," said Poser, who has a "neutral" rating on the stock. Prime Star is focused on the foodand beverage, entertainment, hospitality, healthcare and disaster reliefindustries.Forward Looking Statements -- Safe HarborThis release contains statements that constitute forward-lookingstatements within the meaning of Section 27A of the Securities Act of1933, as amended, and Section 21E of the Securities Exchange Act of 1934,as amended.