One Minute Macro Update: Irish Banks Might Need Some Luck

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Thu, 03/31/2011 - 08:00 | 1120743 Ivanovich
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With news like this, another 1% up day is in the making, no?  Euro to 1.45?

Thu, 03/31/2011 - 08:07 | 1120757 JohnnieWalker
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Irish Life & Permanent has just withdrawn its shares from the Irish stock exchange ahead of fresh banking stress tests - chalk another W up in the nationalization column!

Thu, 03/31/2011 - 08:26 | 1120805 Ferg .
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AIB and BOI shares have also been withdrawn ahead of the results .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 .

Thu, 03/31/2011 - 08:06 | 1120760 Arius
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

Thu, 03/31/2011 - 08:09 | 1120765 Moe Howard
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Does this mean the Luck of the Irish is bad luck?

Thu, 03/31/2011 - 08:15 | 1120778 Moe Howard
Moe Howard's picture

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

Thu, 03/31/2011 - 08:40 | 1120850 99er
Thu, 03/31/2011 - 09:08 | 1120959 JailBank
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?

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