Monday, December 22, 2008

Lets check on Ireland

http://bloomberg.com/apps/news?pid=20601087&sid=aMlHWBjivGkw&refer=home

The government will inject 1.5 billion euros into Anglo Irish in return for preference shares with 75 percent of its voting rights, the government said late yesterday. Allied Irish Banks Plc and Bank of Ireland Plc surged in Dublin trading after getting 2 billion euros apiece.

So you made loans and need a government hand out. No Problem.

No comments: