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Day of reckoning for Ireland | 9 comments (9 topical, editorial, 0 hidden)
Re: Day of reckoning for Ireland (4.00 / 2)
the Irish banks will require an additional €22 billion in capital. €8.3 Billion of this is for Anglo Irish Bank alone, and it may require a further €10 billion when the full extent of its losses are known. Most of this additional capital will have to be provided by taxpayers

Is this going to be in exchange for equity, or the usual money for nothing (and chicks for free)?

The brainless should not be in banking -- Willem Buiter

by Carrie (migeru at eurotrib dot com) on Wed Mar 31st, 2010 at 07:30:57 AM EST

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Day of reckoning for Ireland | 9 comments (9 topical, 0 editorial, 0 hidden)
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