E-MAIL THIS LINK
To: 

Moody's cuts Irish banks to junk
h/t Gates of Vienna
Rating agency Moody’s has downgraded long-term deposits at Irish banks by two notches to junk status.

This follows last week’s cut to Ireland’s sovereign debt rating by the agency. Today’s move means Bank of Ireland is now rated Ba1 while AIB , EBS and Irish Life & Permanent are rated Ba2.

Posted by: g(r)omgoru 2011-04-19
http://www.rantburg.com/poparticle.php?ID=320758