Banking buffoons of Ireland's 40bn fiasco

oildaytrader

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• Sep 30, 2010

• #1

This is not a joke.

http://www.telegraph.co.uk/finance/...t-of-Irelands-bank-bail-out-to-hit-40-bn.html

 

M

meanreversion

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• Sep 30, 2010

• #2

I wonder if the pound sold off because it's ANGLO Irish bank.

 

oildaytrader

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• Oct 1, 2010

• #3

meanreversion said:

I wonder if the pound sold off because it's ANGLO Irish bank.

Click to expand...

Here is the answer

http://uk.reuters.com/article/idUKLDE68T27D20100930

 

spreader_legger

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• Oct 1, 2010

• #4

Everyone wants weaker currencies ... typical beggar thy neighbour strategy.
Bean mentioned however that we are unlikely to see near zero interest rates for more than a decade ... hmmm