he is giving an interview on the state of Irish banks, might not be pretty. But will be interesting to see what if anything new he says
Lenihan just said that all Irish banks CAN NOT be allowed to fail and will not be allowed to fail and the government will do all it can to prop up the banks. This sounds like what the US did with BAC C etc. I think this is a green light to buy here.
Tier 1 (4.6 billion) is a piece of cakehttp://www.reuters.com/article/idUSLDE62U1KH20100331