Monday, June 14, 2010
Ireland Has 'Good Picture' of Scale of Bank Losses - WSJ.com
Ireland Has 'Good Picture' of Scale of Bank Losses - WSJ.com: "They made big loans to "property developers", including many that are unlikely to be repaid, despite the central bank's assertion that banks were stress-tested. This situation forced the Irish government to pump in billions of euros to recapitalize banks."?WHATS NEEDED IS A GOVERNMENT OF THE PEOPLE AND NOT JUST FOR "VESTED" INTERESTS.INSTEAD OF SECRECY,DEFERENCE,DIFFIDENCE,YOU NEED DEMOCRATIC ACCOUNTABILITY,TRANSPARENCY,OPENNESS,RESPONSIBILITY,AND THE "LAWS"TO APPLY EQUALLY TO EVERYONE.
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