Nov 29, 2010

Greece And Ireland Are Solvency Issues, Not Liquidity Issues.

"Greece & Ireland are solvency not liquidity issues. So official financing & bailing out even bank creditors only kicks the can down the road."

Related ETF and stocks: Bank of Ireland (ADR) (NYSE:IRE), Allied Irish Banks, plc. (ADR) (NYSE:AIB), National Bank of Greece (ADR) (NYSE:NBG)