IRISH TIMES in financial trouble?

[locke]

The question has to be whether they borrowed to buy any of their shares.

If they did, I may be richer than them now.

[Paddylekker]

O'Brien would have borrowed to buy a good number of his shares.

[kerrynorth]

O'Brien says INM have only a 50/50 chance of refinancing their €200m bond due for redemption, which is tiny compared to the €1billion+ coming up for redemption later. The article also indicates that they have failed to sell some assets. Could INM be headed for the protection of Examinership?
O'Brien says '50-50 chance' INM bond is refinanced - The Irish Times - Sat, Apr 25, 2009

[Decko]

O'Brien says INM have only a 50/50 chance of refinancing their €200m bond due for redemption, which is tiny compared to the €1billion+ coming up for redemption later. The article also indicates that they have failed to sell some assets. Could INM be headed for the protection of Examinership?
O'Brien says '50-50 chance' INM bond is refinanced - The Irish Times - Sat, Apr 25, 2009

that is the clear implication - indeed the banks may well just go straight for receivership as happened with Waterford...