19 October 2010

And Now The End Is Near.....

Could this be really it?

Can Ryanair really acquire the Irish Government's share or enough of it to become the majority shareholder?

The Irish government's bailout of the banks is one of the most extensive of any government on the planet. The real estate bubble burst with a high percentage of these houses left unoccupied has to be paid for. So the Irish Government is frantically looking around to find assets it can flog off to fund this huge debt. Aer Lingus must just be a prime target.

MOL must be licking his lips....

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