Dividends Anonymous

Ireland's Ailing Banking Sector

I was in the UK during most of March and each business professional I met with talked confidently about how the US housing & credit woes wouldn't have a contagion effect on Europe or the rest of the world. I heard the usual buzz terms like "well capitalized", "strong lending practice" and "conservative consumer debt".

Its unfortunate but it looks as though "risk" is the word that is being redefined.