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We will find out about Anglo tomorrow, what will happen with the other banks?


Simbo67

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Joined
Jan 23, 2004
Messages
572
So tomorrow we will apparently hear about how much Anglo will cost the tax payer. Where does that leave all the other banks? I am abroad and I'd like to know what are the next steps for our other zombie banks. This is not an invitation to send out rumours, but I'd like to know what happens to our other banks, especially AIB and BoI.
 


Marcos the black

Well-known member
Joined
Feb 3, 2009
Messages
18,708
Well, just so you know, all the media are reporting the annocement as if it's going to be for all the banks, not just Anglo. They're assuring us all that this will bring "certainy" to the market.... Not factoring in AIB/BOI et al. Anglo only.
 

Simbo67

Well-known member
Joined
Jan 23, 2004
Messages
572
So FT is saying that the government will have to pump in 3 billion more into AIB (which means their private search for equity has failed), will they go further?
 

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