Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
"yeah, about that guarantee? Go suck on it."

Who will suck on it? The irish depositors? Or the capital owners - that would be the government and the pension fund. Leaves the ECB. A hegde fund? the ECB has given 100 Billion Euro or so to the irish banks. at 1.00%. Have you ever heard of a hedge fund acting like this?  

by IM on Fri Feb 4th, 2011 at 09:35:31 AM EST
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