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Allied Irish Banks: With 9% Dividend, This Bank Could Thrive

Another reason I had confidence in Wachovia was that the Dodge & Cox folks, local to the high housing prices and the large loan book there, had WB as its largest bank holding. They were aligned with the view that current data showed trouble loans were at a level that was manageable. Until they weren't, of course. Hey, I'm talking myself out of AIB!

Anyway best of luck with your investments,

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