One Minute Macro Update: Irish Banks Might Need Some Luck

Tyler Durden's picture

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Ivanovich's picture

With news like this, another 1% up day is in the making, no?  Euro to 1.45?

JohnnieWalker's picture

Irish Life & Permanent has just withdrawn its shares from the Irish stock exchange ahead of fresh banking stress tests - chalk another W up in the nationalization column!

Ferg .'s picture

AIB and BOI shares have also been withdrawn ahead of the results . 

I guess this proposed AIB/EBS merger kills the prospect of any consortium purchasing the EBS .

Arius's picture

may be they need Mr. Sokol to come down there...bring some of his own luck...its a shame what they are doing to him this morning...after all he represent all what american business is all about...worked for berkshire - a great american icon

Moe Howard's picture

Does this mean the Luck of the Irish is bad luck?

Moe Howard's picture

Does this mean the Luck of the Irish is bad luck?

JailBank's picture

How are the Irish bank bond holders going to take a hit if the Irish banks have been lending to each other?