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Anglo Irish Bank shareholders now making money on their worthless shares

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Uploaded on Jul 22, 2011

Worthless shares in Anglo Irish Bank have turned out to be a good investment. In summer of 2010 artist Frank O'Dea appealed for shares from the troubled bank to incorporate into a piece of art. Investors who donated shares each received a free print of the resulting artwork, showing a forlorn investor slumped at the bar with his share certificates spread before him. The limited edition of 35 prints of 'The Anglo Irish Bank Shareholder' were sold for €19.71 by the Balla Ban Gallery in the Westbury Mall, Dublin last August. However, the notoriety of Anglo Irish and interest in Ireland's woes have seen the value of the prints soar. One print, offered for sale on eBay, sold for €218 which is a 1,106pc increase.

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