Brian lenihan and Brian Cowen
Just over the wires , Brian Cowen has acknowledged that talks are now in progress what an idiot
We all know this and have known this since last week the real problems are the banks and the huge derivatives losses that they continue to hide .I have said it and say it again Bank of Ireland Is bankrupt so is Allied Irish Bank and I would not be surprise to find Irish Life and permanent also in the Dog House. This Bail out will necessitate to total nationalisation of these banks. I expect the impaired loans of these banks will be incorporated into the national debt and then the IMF with the EU will bailout Ireland and then can expect to get an avalanche of spin about the two Brains heroic efforts to save the nation and they should be rewarded with some medal or other.