That is an ugly ugly survey for Irish banks with some very stark conclusions
The figures I recollect seeing previously was that the Irish banks had something like a E9billion exposure to UK commercial property.
Should this article not be in the Central Bank forum as it goes a long way to explaining the recent pressure on Anglo’s share price
This thread has been replicated about 4 or 5 times already, which seems to be the style of the pin recently.
Here is one of the incarnations on the Central Bank section
complete with recent moves in Anglo CDS spreads.
this thread beats the other by a day