Daily Archives: March 31, 2011

Last out switch off the lights

Goodbye Permanent TSB!  The €4 billion recapitalisation now required per today’s stress testing announcements means the nationalisation of Irish Life and Permanent. We will now be left with 2 banking groups, AIB and BOI, both owned by the State. This … Continue reading

Posted in Good Financial Housekeeping, Permanent TSB | Tagged , , | Comments Off on Last out switch off the lights