Oh dear, this was shocking. I mean throwing eggs to Dermot Gleeson, our AIB Chairman, yesterday as everything was his fault. Dermot was on his way to the shareholders meeting to approve the 3.5 bln EUR injection offered by the government. I know, shares have lost 90% of their value. But that’s the risk you have with shares, now isn’t it? Even more: why didn’t we sell in the slide to under 1 EUR? Our rabbit-in-the-headlights reflex?
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Thursday 14 May 2009
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