Wednesday, November 24, 2010

Bubble Chart of Exposure to and Bailout of Ireland

"Here’s a great graphic on the Irish bailout, quantifying the exposure of foreign banks to Ireland as well as the pots of money from which the 85 billion euros for the Irish bailout is coming. My understanding about the funds which Ireland is only ‘discussing‘ taking, the breakdown is as follows: 45 billion for the state, 20 billion to recapitalise banks and another 20 billion just in case. If I hear differently in the next few hours, I will revise the figures.

As for the graphic, hat tip to Barry Ritholtz..."


at http://www.creditwritedowns.com/2010/11/chart-of-the-day-bubble-chart-of-exposure-to-and-bailout-of-ireland.html

No comments:

Post a Comment