Relevant:
- Ireland Prepares ‘Emergency Transfusions’ for Banks
- Ireland Prepares ‘Emergency Transfusions’ for Its Wounded Banks
- Recapitalisation talks with AIB and BoI resume
- Irish Bailout Falls Short; Irish Debt Rating Cut to Junk by Moody’s; Power of the "Trump Card"
- Ireland to Seek EU-Led Bailout as Lenihan Works to Avert Bank `Collapse'
2009-11-12 — bloomberg.com
" Finance Minister Brian Lenihan is seeking to end a crisis that’s wiped 70 percent from the country’s benchmark stock index, sent bond spreads soaring to the highest in at least a decade and destroyed Ireland’s status as Europe’s most dynamic economy. Real-estate prices have on average dropped 50 percent since peaking in 2007, and bad debts at lenders led by Bank of Ireland Plc and Allied Irish Banks Plc are surging."
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