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Thread: S&P may cut Irish Banks' credit rating further

  1. #1

    Default S&P may cut Irish Banks' credit rating further

    Bank of Ireland and AIB may receive another black mark on their copy books. Not to far off junk now.

    S&P May Cut Allied Irish, Bank Of Ireland Short-Term Ratings - WSJ.com
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

  2. #2
    Politics.ie Member Digout's Avatar
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    So, who bought those bonds yesterday? And why?

  3. #3

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    Probably that thrifty government of ours.
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

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    Politics.ie Member Digout's Avatar
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    Quote Originally Posted by Cassandra Syndrome View Post
    Probably that thrifty government of ours.
    Or Anglo, through proxies.

  5. #5

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    Quote Originally Posted by Digout View Post
    Or Anglo, through proxies.
    I sell you some bonds for a packet of Taytos cheese and onion.
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

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    Politics.ie Member hammer's Avatar
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    The doomsters are ignoring the good news.

    Better to wallow in IW threads

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