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How likely would it be for Aib AND Boi be nationalised?

  • 19-01-2009 06:52PM
    #1
    stainluss
    Registered Users, Registered Users 2 Posts: 868 ✭✭✭


    Ok it is possible for one of them to go down, but how likely would it be for both banks to go bust?
    Tagged:


Comments

  • #2
    pocketdooz
    Registered Users, Registered Users 2 Posts: 1,559 ✭✭✭pocketdooz


    stainluss wrote: »
    Ok it is possible for one of them to go down, but how likely would it be for both banks to go bust?

    Percentage-wise ?

    I wouldn't take an even-money bet on it not happening in the next 12 months.

    So, I suppose in my opinion, better than 50%.



    .


  • #3
    Johnny Volume
    Closed Accounts Posts: 93 ✭✭Johnny Volume


    pocketdooz wrote: »
    Percentage-wise ?
    So, I suppose in my opinion, better than 50%.


    Tuesday's (20/01) Irish Examiner headline suggests both will be nationalised


  • #4
    Time Magazine
    Registered Users, Registered Users 2 Posts: 8,452 ✭✭✭Time Magazine


    Anyone else up for emmigration?


  • #5
    ranger4
    Registered Users, Registered Users 2 Posts: 1,372 ✭✭✭ranger4


    The Economist wrote: »
    Anyone else up for emmigration?

    Where to, this downturn has affected almost every country.:confused:


  • #6
    Diarmuid
    Registered Users, Registered Users 2 Posts: 3,981 ✭✭✭Diarmuid


    The Economist wrote: »
    Anyone else up for emmigration?

    Not many places doing well at the moment. However I think emigration will really kick off in about 1 year.


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  • #7
    ranger4
    Registered Users, Registered Users 2 Posts: 1,372 ✭✭✭ranger4


    pocketdooz wrote: »
    Percentage-wise ?

    I wouldn't take an even-money bet on it not happening in the next 12 months.

    So, I suppose in my opinion, better than 50%.



    .

    will the likes of IL&P and other building soc follow suit if aib-boi are nationalized?


  • #8
    Scruff
    Registered Users, Registered Users 2 Posts: 4,228 ✭✭✭Scruff


    I fell in to a burning ring of fire
    I went down,down,down
    and the flames went higher.
    And it burns,burns,burns
    the ring of fire
    the ring of fire


  • #9
    ranger4
    Registered Users, Registered Users 2 Posts: 1,372 ✭✭✭ranger4


    Scruff wrote: »
    I fell in to a burning ring of fire
    I went down,down,down
    and the flames went higher.
    And it burns,burns,burns
    the ring of fire
    the ring of fire

    Thats me after a vindaloo.


  • #10
    alpina
    Registered Users, Registered Users 2 Posts: 448 ✭✭alpina


    The plain fact is that AIB is still a strong & sound bank which is internationally diversified, UK (RBS) & rest of Europe's failings are obviously having a knock on effect on it's share price but nationalising is not the way to go...shareholders/pensions etc. it would be a disastrous move!:mad::confused:


  • #11
    pipsqueak
    Closed Accounts Posts: 618 ✭✭✭pipsqueak


    so when (not if) anglo, aib and boi are nationalised does that mean all employess will become public servants?? share burden/shoulder to wheel/10% pay cut etc???


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  • #12
    Johnny Volume
    Closed Accounts Posts: 93 ✭✭Johnny Volume


    http://www.irishtimes.com/newspaper/breaking/2009/0120/breaking21.htm

    Although he did say the same thing re Anglo about a week ago. Who knows what will happen next.

    "It's a crazy mixed up world, it's a Doggy Dogg World"


This discussion has been closed.
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