Anglo Irish Bank Nationalized – Equity Worthless

Yesterday January 16, 2009 The Government of Ireland nationalized the Anglo Irish Bank. The shares were suspended from trading in all the exchanges. Anglo Irish was listed as a sponsored ADR with the ticker AGIBY. The ADR last closed at less than a dollar at $0.12.The Department of Finance of the Irish Government says: “The …

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Ireland – “The sick man of Europe?”

Whats up with the Emerald Isle this year?. Ireland seems to be going thru some tough economic difficulties based on the Irish Stock market or the Irish stocks trading in the US stock exchanges. The European media says that Ireland is having a big boom in terms of industrial activity. New building are under-construction all …

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