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Tuesday 7 February 2023 Dublin: 7°C

# Bank Bailouts

All time
# The Banks
Banking on the short-term — The government is selling 'part' of its 13.9% stake in Bank of Ireland. But why now?
Finance minister Paschal Donohoe announced the six-month sale process yesterday.
# Uh oh
The UK is staring down the barrel of a massive loss on Ulster Bank parent RBS
The country’s government plans to start offloading its shares in the bailed-out bank.
# Bank Bailouts
FT warns Spain against Irish path of saving the banks
Spain looking at issuing promissory notes to prop up its largest bank to the tune of €19bn. Don’t do it, says the Financial Times – just look at Ireland…
# Rude
Lenihan subjected to chimp noises by Citigroup investors
Citi investors heckle, jeer and make chimp noises during conference call with Finance Minister Brian Lenihan.
# Black Thursday
The world reacts to Ireland's Black Thursday
International commentators invoke a raft of dire imagery – from bodies flung off skyscrapers to a children’s story book – to describe the economy’s downward trajectory.
# Black Thursday
Government prepares to take majority stake in AIB as top management departs
Major shake-up at the bank which is to be effectively nationalised.
# Black Thursday
Ireland wakes up to the news that Anglo could cost €34.3 billion
Central Bank says Anglo bailout should cost €29.3 billion – but could run to €34.3 billion.