Browsing Tag

Ireland

Too Big To Regulate

Systemically Dangerous Institutions – the U.S., Iceland, and Ireland by William K. Black This column was prompted by Thomas Hoenig's December 1, 2010 op ed in the New York Times (“Too Big to Succeed”) warning that we must end banks…

Ireland: Another Day, Another Downgrade

by Win Thin Here are some more thoughts regarding the Fitch downgrade of Ireland by three notches to BBB+. The agency cited the mounting costs of the banking system rescue as a major factor behind the move, and is consistent with what we…

Ireland Announces, Euro Tumbles

The US dollar continues its rally with the largest movements against the euro as the market is clearly disappointed with the rescue package of Ireland. Despite a three year high increase in euro-zone confidence, the euro continues to…

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