Irish banking crisis – what a con!
I just lost a huge post on the Irish banking crisis by closing the ScribeFire tab without saving. And I can’t be bothered writing it again.
I’ll just re-itereate the major points. In the first half of 2008, AIB reported €1.28 in profit. BoI reported that profits fell to only €635 million.
And they want bailouts? How about starting to fire all the useless buggers who gave out crappy loans to dodgy developers, for a start?
Of course the goverment will pitch in with taxpayers money, no conditions attached. How can they say no to their golfing buddies, their doners, their future employers?
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