Tuesday, August 25, 2009

Irish Banks Have no Subprime Paper

Click on the Image for a sharper view

I seem to recall that Mr Cowen assured us that Irish banks were not exposed to any Subprime / toxic paper.Well the AIB 2009 Interim report would suggest otherwise.
I would really like to know what is buried in the nationalized Anglo Irish Bank

AIB Interim Report 2009
Warning this is a pdf file.

The details are on page 19.

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