Wednesday, November 10, 2010

Zerohedge - "The Endgame for Ireland is at most, 1 Week Away"

The endgame for Ireland is at most a week away: outcome is simple - bailout or failure. One wonders which the central bankers will pick...

Honohan: IMF Package Would Look Same As Current Policies
Honohan: Irish Bank Borrowing From ECB Exceptionally Large
Honohan: ECB Would Like Irish Banks To Get Back To Self Reliance.
Honohan: ECB Won't Curtail Irish Banks' Access To Financing.
The Irish Bunds spread has now surged to 631, +64 bps on the day!
http://www.zerohedge.com/article/ecb-imf-leave-ireland-hang-spreads-surge-again-pass-630bps-64-wider

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