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Allied Irish Banks plc Message Board

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  • c1smittycc c1smittycc Oct 11, 2010 10:38 PM Flag

    Ireland Can Cut Deficit, Avoid Bailout, Lenihan Says

    Greek prime minister made similar remarks Jan 2010. It just kept getting worse. Lenihan guy could be right or could be stalling to prevent more downgrades for as long as possible. With Greece Ireland Portugal Italy Belgium U.K. and Hungary all facing the same issues there is a lot more downside in Europes economy. The trick is not to get caught. Look at Fannie and Freddie. went $1.25 to 40 cents in seconds. glta