Ireland may not be the only country facing such a decision. There's nothing that suggests there's been any changes in the banking industry so who wants to help fund greed and gambling?
Anglo Irish Bank Corp. said Aug. 31 it needs about 25 billion euros ($32.1 billion) in state funding, equivalent to about two-thirds of this year’s tax revenue. Standard & Poor’s, which last week cut the country’s credit rating to AA-, said the state may have to inject as much as 35 billion euros.
“It’s like a bad dream where you’re chasing something you can’t catch up with,” said Micheal O’Cearbhail, a retired television producer shopping in O’Connell Street, Dublin’s main thoroughfare. “Eventually they’ll have to close it down.”
